It Is Somewhat Difficult to Speak of a Marxist Approach

question 26

Multiple Choice

It is somewhat difficult to speak of a Marxist approach to international relations because

• A)Marx himself did not write much about international relations.
• B)Marx wrote so much about international relations and much of it is contradictory.
• C)it is not much different than liberalism.
• D)Marxism is about economics, not politics.

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Definitions:

Reserve Requirement Ratio

The fraction of deposits which a bank is mandated to hold in reserve, either in its own vaults or with the central bank, rather than lending to consumers.

Checkable Deposits

Bank accounts that allow the account holder to write checks or use debit cards to make payments directly from the account.

New Reserves

Resources or assets that have been newly discovered or identified, often referring to natural resources like oil, gas, or minerals that can be economically extracted.

Reserve Requirement Ratio

The fraction of deposits that banks must hold in reserve and not lend out, as mandated by the central bank.