Clientelism Refers to the "Capture" of the State by Special

question 53

True/False

Clientelism refers to the "capture" of the state by special interests that use their influence to further their own interests.

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Definitions:

Exports

The selling of goods and services produced in one country to another country.

Bretton Woods System

A monetary management system that established the rules for commercial and financial relations among major industrial states after World War II, introducing fixed exchange rates and laying the foundation for modern international monetary systems.

Trade Surplus

Occurs when the value of a country's exports exceeds the value of its imports.

U.S. Dollar

The official money of the United States, commonly utilized as a standard and reserve financial instrument globally.