Given the Daily Volume of Foreign-Exchange Transactions, It Is Most

question 56

Multiple Choice

Given the daily volume of foreign-exchange transactions, it is most accurate to say which of the following?

• A)It is impossible for a government's interventions in the foreign-exchange market to affect market psychology.
• B)A government's intervention in the foreign-exchange market can reverse a currency's slide for the long term.
• C)A government's intervention cannot force the foreign-exchange market to move in a determined direction.
• D)A government should focus more on intervening in foreign-exchange markets than on correcting economic fundamentals.

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Definitions:

Biopower

A term by Foucault referring to the practice of modern states to regulate their subjects through "an explosion of numerous and diverse techniques for achieving the subjugations of bodies and the control of populations."

Normalization

The process by which norms come to be accepted and internalized by society members.

Self-fulfilling Prophecy

A belief or expectation that directly or indirectly causes itself to become true, due to positive feedback between belief and behavior.

Passive Euthanasia

The withholding or withdrawal of life-sustaining treatments, allowing a person to die naturally, rather than artificially prolonging life.