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Discuss political scientist John Kingdon's three-"stream" model of the policy-making process.In addition to defining what each "stream" refers to and how each plays into policy making, illustrate how Kingdon's model might explain the social policy response to the challenges posed by rising employment rates among women in recent decades.
Bretton Woods Accord
An agreement reached in 1944 that established a new global financial system including fixed exchange rates and created major entities like the International Monetary Fund and the World Bank.
Exchange Rate
The price of one country’s currency expressed in another country’s currency.
Currency Swap
A financial agreement to exchange principal and/or interest payments of a loan in one currency for equivalent amounts in another currency.
Exchange Rate Risk
The potential for investors to experience losses due to changes in currency exchange rates.
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