What Distinction Can Be Drawn Between the War-Related Powers of Congress

question 101

Multiple Choice

What distinction can be drawn between the war-related powers of Congress and the military powers of the president?

• A) Congress funds the military, while the president works with advisors to determine when it is appropriate to declare war.
• B) Congress has the ability to develop military strategy, while the president is largely responsible for the operation of the military.
• C) Congress must make sure that troops are prepared for war, which the president has the power to declare.
• D) Congress has the authority to declare war, but the president is responsible for commanding the military.

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Definitions:

Counterparty

Second borrower in currency swap. Counterparty borrows funds in currency desired by principal.

Currency Swap

A Currency Swap is a financial derivative that involves the exchange of principal and interest payments in one currency for those in another, commonly used by companies to manage foreign exchange risk.

Exchange Rate Risk

The potential for loss due to fluctuations in the foreign exchange rates affecting investments or transactions.

Economic Conditions

The state and dynamics of the economy at a given time, reflected in indicators like growth rates, unemployment, inflation, and consumer confidence.