Which of the Following Points Would Not Be Used as an Argument

question 115

Multiple Choice

Which of the following points would not be used as an argument in support of the current international monetary system?

• A)It allows nations to pursue independent monetary policies.
• B)It results in stable exchange rates.
• C)It helps solve trade problems without trade restrictions.
• D)It is flexible and can easily adjust to shocks.

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Definitions:

Insurable Interest

A stake or a legal right in the preservation of an item, person, or property that allows an individual or entity to obtain insurance coverage against loss or damage.

Supply Stoppages

Interruptions or halts in the provision or delivery of goods and services, often due to disputes, logistics issues, or external factors.

Salvage

The act of rescuing a ship, its crew, and cargo from peril at sea, often entailing the recovery of parts or property from damage or destruction.

Subrogation

A legal principle allowing an entity, such as an insurance company, to step into the shoes of another party to pursue recovery from the party responsible for a loss or damage.