This topic contains a solution. Click here to go to the answer

Author Question: The United States is the world's biggest debtor nation because Americans ________. a. buy foreign ... (Read 103 times)

tiara099

  • Hero Member
  • *****
  • Posts: 588
The United States is the world's biggest debtor nation because Americans ________.
 
  a. buy foreign currencies and put them in U.S. Treasury notes as a safe haven
  b. consume more than they produce and import more than they export
  c. live within their means and pay for foreign products with undervalued dollars
  d. invest all of their savings and speculate on foreign currencies
  e. export more than they import and produce more than they consume

Question 2

In an effort to prevent another global depression, world leaders at the Bretton Woods conference in 1944 agreed to a ________.
 
  a. floating exchange rate based on the pound sterling
  b. stable exchange rate and establishment of the WTO
  c. floating exchange rate based on the dollar backed by silver
  d. fixed exchange rate based on the dollar backed by gold
  e. floating exchange rate and establishment of the IMF



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

smrerig

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

B

Answer to Question 2

D




tiara099

  • Member
  • Posts: 588
Reply 2 on: Sep 4, 2018
Gracias!


momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

For a complete list of videos, visit our video library