In a Clearing Agreement, When an Imbalance Occurs and One

question 36

Short Answer

In a clearing agreement, when an imbalance occurs and one country owes money to the other, _________________________ are paid in an agreed upon hard currency.

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Definitions:

Negative Sanctions

Punishments or penalties imposed on individuals or groups to discourage noncompliance with norms, laws, or regulations.

Biological Sex

The classification of human beings, typically as male or female, based on physiological and genetic characteristics.

Gender Role

The set of behaviors associated with widely shared expectations about how males or females are supposed to act.

Gender Identity

One’s identification with, or sense of belonging to, a particular sex—biologically, psychologically, and socially.