Bretton woods system - Study guides, Class notes & Summaries

What did the Pax Americana do? correct answers established after WWII, created a liberal economic world order that allowed for various forms of capitalism and a wide variety of trade policies, meaning some states were more protectionist than others. What was the Great Depression? correct answers Global economic collapse that ensued following the US Wall Street stock market crash in October 1929. What is the Bretton Woods system? correct answers system of economic and financial accords that...

Realism - ANSWER-an approach to politics that emphasizes the role of the nation-state and makes a broad assumption that all nation-states are motivated by national interests, or, at best, national interests disguised as moral concerns. Liberalism - ANSWER-a theory founded on the natural goodness of humans and the autonomy of the individual and favoring civil and political liberties, government by law with the consent of the governed, and protection from arbitrary authority Marxism - ANSWER...

Classical Era (Pre-WWI) correct answers -Mercantilism to Liberalism - Pax Britanica: British econ & polt dominance - relied on gold standard (fixed exch rate) - Emergence of free trade - Corn Laws Repealed - Cobden-Chevalier Treaty (MFN clause) - U.S. = protectionist - Trade= mainly with colonies (similar to mercantilism) Interwar Collapse correct answers - gold standard abandoned, and UK hegemony ended - 1920's: collapse of globalization - Great Depression--- world trade declin...

Review Questions for Test 1 (Crowdsourced from students). Questions and answers/ What is Global Imaginary? - -Global imaginary is people's growing consciousness of thickening globality. (Chapter 1) What is the best way of characterize the dynamic of the latest phase of globalization? - -"The Great Convergence"- Different and widely spaced people and social connections coming together more rapidly than ever before.(Chapter 1) Sudden boom in global interconnectedness during the ear...

Realism - Answer an approach to politics that emphasizes the role of the nation-state and makes a broad assumption that all nation-states are motivated by national interests, or, at best, national interests disguised as moral concerns. Liberalism - Answer a theory founded on the natural goodness of humans and the autonomy of the individual and favoring civil and political liberties, government by law with the consent of the governed, and protection from arbitrary authority Marxism - An...

FIN2601 Assignment 2 COMPLETE ANSWERS) Semester 2 2024 An equity swap involves the exchange of - preferred stock for common stock. -interest payments for an equity position in the counterparty's firm. -interest payments for payments linked to the degree of change in a stock index. -interest payments for newly issued stock by financial institutions. - ANS-interest payments for payments linked to the degree of change in a stock index. Lizard National Bank purchases a three-year inter...

Realism - ANSWER-is an approach to the study and practice of international politics. It emphasizes the role of the nation-state and makes a broad assumption that all nation-states are motivated by national interests, or, at best, national interests disguised as moral concerns. Liberalism - ANSWER-With the proper institutions and diplomacy, ________ believes that states can work together to maximize prosperity and minimize conflict. Marxism - ANSWER-is a political and social theory that arg...

BUS 200 GMU Final Exam Questions and Answers Floating exchange rate - Correct Answer️️ -determined by supply and demand, less predictable than fixed or pegged Fixed/Pegged exchange rate - Correct Answer️️ -value of currency is fixed/pegged to another country's, common in developing countries, usually pegged to USD Which works better? - Correct Answer️️ -Fixed/Pegged can expand and contract money supply easier than floating o Forces govt to have monetary discipline, behave mor...

Realism - Answer is an approach to the study and practice of international politics. It emphasizes the role of the nation-state and makes a broad assumption that all nation-states are motivated by national interests, or, at best, national interests disguised as moral concerns. Liberalism - Answer With the proper institutions and diplomacy, ________ believes that states can work together to maximize prosperity and minimize conflict. Marxism - Answer is a political and social theory th...

If a country's currency is determined only by the demand and supply for that country's currency, the country is said to have a - answer-floating exchange rate. Countries that use the euro as their currency face similar concerns as countries did during the years of the gold standard in that each are - answer-Unable to conduct monetary policy If a country's currency is pegged to the dollar its exchange rate is - answer-fixed A decrease in a fixed exchange rate from 1.75 per pound to 1....