If USMonetary Authorities Want to Strengthen the Dollar, They Will

question 94

Multiple Choice

If U.S.monetary authorities want to strengthen the dollar, they will

• A)sell dollars in the foreign exchange market
• B)buy dollars in the foreign exchange market
• C)declare the dollar devalued
• D)sell dollars and buy only Euros in the foreign exchange market
• E)encourage other central bankers to sell dollars in the foreign exchange market

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Definitions:

Political Conservatism

A political and social philosophy promoting traditional institutions, limited government, and a free-market economy.

Bracero Program

A mid-20th century labor agreement between the United States and Mexico, allowing Mexican agricultural workers temporary work permits in the U.S.

Fifth Freedom

Refers to an unofficial freedom conceptualized during the Cold War, suggesting the freedom from want through economic growth and prosperity, beyond the four freedoms articulated by Franklin D. Roosevelt.

Japanese Internment

The forced relocation and confinement of Japanese-Americans to concentration camps in the western interior of the United States during World War II by order of the U.S. government.