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Author Question: What type of exchange rate system is typically utilized in the world today? A) Pegged-rate system ... (Read 116 times)

jerry coleman

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What type of exchange rate system is typically utilized in the world today?
 
  A) Pegged-rate system
  B) U.S. dollar system
  C) Planned system
  D) Floating-rate system

Question 2

What role has the United States played in creating the current global economic system? How important has U.S. leadership been in the global economic system? What are some of the consequences of that leadership both for the United States and the world?
 
  What will be an ideal response?



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Meganchabluk

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Answer to Question 1

Answer: D

Answer to Question 2

Ideal Answer: The ideal answer should:
1. Define the current global economic system.
2. Explain how the U.S. has played a role in this system. For example, NAFTA could be used as an example of the intersection between the United States and the global economic system.
3. Discuss the nature of U.S. leadership on GATT or the WTO.
4. Analyze the consequences of U.S. leadership for both the world and the U.S.
5. Offer a compelling summary and conclusion.





 

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