US continues to use its economic and political power to threaten countries through the dollar and...
US continues to use its economic and political power to threaten countries through the dollar and the international monetary system
Homework Answers
Correct Answer:
True
USA has acted as an economic
superpower as well as the USA has its strategic relations in all
the continents across the world. On the basis of it, USA applies
sanctions to the countries like, North Korea, Cuba and Iran and use
its political influence upon other countries such as India and
other friendly countries to stop trading with these
countries. It is a kind of threatening device. Recently, trade war
against China is also going on where the USA has applied trade ban
and in retaliation, China has done so as well. Besides, Dollar as a
currency is used for the international trade. Here, USA also makes
to reduce the supply of dollars so that countries cannot hold on it
and cannot execute the trade. It is also an indirect threatening to
the countries to stop their international trade. Besides,
international organizations also work as per the set agenda of the
USA and these systems work as tools to threaten the countries to
disturb their economies.
Add Answer to:
US continues to use its economic and political power to threaten
countries through the dollar and...
•What is biased technological change? What is market power? •How are economic institutions related to political...
•What is biased technological change? What is market power? •How are economic institutions related to political institutions? •How might political economy help explain World War I? •What were the human costs of the war? The economic costs? •You are the finance minister of a new Eastern European republic. •What sort of monetary system would you design for your new state? •In particular, how do you want your exchange rate to work? •What is the trilemma? How does it relate to...
c. Use the purchasing power of US dollar link to calculate the following: if you have...
c. Use the purchasing power of US dollar link to calculate the following: if you have $100 in 1929, how much money would you need to acquire the same purchase power in 1933? Does that mean the value of US dollar increased or decreased?
The gold system is a monetary system where a country’s currency is directly linked to gold. A country that uses the gold standard sets a fixed price for gold and that price determines the value of the...
The gold system is a monetary system where a country’s currency is directly linked to gold. A country that uses the gold standard sets a fixed price for gold and that price determines the value of the currency. The gold standard was first put into operation in the UK in 1821. The UK stopped using it in 1931 and the US followed suit in 1933. The gold standard is currently not used by any government. The appeal of the gold...
This discussion explores the political and economic reforms in Myanmar that are changing the nation’s future....
This discussion explores the political and economic reforms in Myanmar that are changing the nation’s future. For decades, Myanmar languished under a brutal military dictatorship. With its economy at a virtual standstill thanks to corruption and poor management, Myanmar, despite its wealth of natural resources, became one of the poorest countries in the world at a time when its neighbors were experiencing rapid economic growth. Sanctions by the United States and the European Union imposed in response to the corrupt...
Multinational managers often represent their companies/countries in international business forums and present concise economic profiles of...
Multinational managers often represent their companies/countries in international business forums and present concise economic profiles of their countries in order to attract international attention to their respective countries/companies with a view to strengthen the country’s position for foreign investment. There is no standard format in preparing such country profiles but they generally tend to adopt SWOT (Strengths, weaknesses, Opportunities, and Threats) framework as they often do for company analysis. Some country profiles also engage in PEST (political, economic, sociocultural, and...
The COVID -19 pandemic continues to spread in most countries. This crisis has significant economic effects...
The COVID -19 pandemic continues to spread in most countries. This crisis has significant economic effects on companies’ business, for example, due to restrictions in production, trade, and consumption or due to travel bans. These economic effects have an impact on accounting, reporting, and auditing financial statements of the companies or groups concerned. And its economic effects mean that investors and other stakeholders need high-quality financial information than ever. The information must be reliable and all material financial information relevant...
47. What type of an economic system are have? economic system are countries to Canada Denmark,...
47. What type of an economic system are have? economic system are countries to Canada Denmark, Sweden, and Norway likely to a. market economy b. mixed economy C. command economy d. theocratic economy 48. "It no longer makes sense to talk about the German market or the American market. Instead, there is only the global market." What concept is this quotation referring to? a. Globalization of markets b. Moore's law C Cross-cultural literacy d. Nationalism 49. A country that is...
Course Name: Economics Textbook: Comparing Economic Systems in the Twenty-First Century. Authors: Gregory/Stuart. Edition: 7th Ed....
Course Name: Economics Textbook: Comparing Economic Systems in the Twenty-First Century. Authors: Gregory/Stuart. Edition: 7th Ed. The text defines an economic system as the set of institutional arrangement used to allocate scarce resources the movement of capital between countries. how wealth is distributed and created in a country the natural resource available The high economic growth from the Industrial Revolution was characterized by new opportunities to settle empty areas, particularly North America rapid technological and scientific innovation the expansion of...
If you were meeting a delegation of nurses from ten different countries, how might you use...
If you were meeting a delegation of nurses from ten different countries, how might you use political philosophy to explain: a. the US healthcare system (access, quality, and financing) b. the role of the US welfare state c. the position of certain national nursing organizations on related issues.
These questions refer to Purchasing Power Parity. According to Interest Rate Parity, how would the dollar...
These questions refer to Purchasing Power Parity. According to Interest Rate Parity, how would the dollar respond (appreciate, depreciate, no change) against the Euro in reaction to an average European inflation rate of 2.2%? The US inflation rate is 4% in this example—the term in question is 1 year. Please use this data for a and b and c. A. Consider the relationship between expansionary monetary policy. the value of the dollar, and net imports. How does this new dollar...
47. What type of an economic system are have? economic system are countries to Canada Denmark, Sweden, and Norway likely to a. market economy b. mixed economy C. command economy d. theocratic economy 48. "It no longer makes sense to talk about the German market or the American market. Instead, there is only the global market." What concept is this quotation referring to? a. Globalization of markets b. Moore's law C Cross-cultural literacy d. Nationalism 49. A country that is...
Most questions answered within 3 hours.
-
After watching the lectures I am still having a hard time
understanding these equations.
1. The...
asked 50 minutes ago -
Testing:
H0:μ=56.9
H1:μ<56.9
Your sample consists of 23 subjects, with a mean of 56.3 and
standard...
asked 54 minutes ago -
straight wire, labeled as Wire A, lies horizontally on a
tabletop and is oriented to run...
asked 55 minutes ago -
For a Chi-Squared Goodness of Fit Test about a uniform
distribution, complete the table.
Round to...
asked 1 hour ago -
Milk of magnesia is only slightly soluble in water. Kc for the
reaction Mg(OHs)(s)>Mg2+(a) + 2OH-1(aq)...
asked 1 hour ago -
Excel's HYPGEOM.DIST function can be used to compute _____.
a. both hypergeometric probabilities and cumulative
hypergeometric...
asked 1 hour ago -
The rocket used for the human lunar missions was the Saturn V
rocket. At liftoff the...
asked 1 hour ago -
1. The East Street Bagel Shop has a weekly demand for 3,500
bagels, which they make...
asked 1 hour ago -
paraphrasing each paragraph
“Where two or more persons knowingly act together unlawfully,
the act of each...
asked 1 hour ago -
The lateral line system in fish is contained which of the
following?
chemoreceptors
photoreceptors
mechanoreceptors
odor...
asked 1 hour ago -
Find the y-intercept of y =-5 x. The y-intercept of y equals
negative 5 x is______...
asked 1 hour ago -
Customers arrive randomly at a gas station at the average rate
of 30 per hour, while...
asked 1 hour ago