The Fall in the Value of the U

question 119

Multiple Choice

The fall in the value of the U.S.dollar between 1985 and 1988 was caused by:

• A) the economic growth in the developed countries of Europe.
• B) a fall in prices of exported U.S. goods.
• C) a trade surplus in the U.S. during the previous years.
• D) a combination of government intervention and market forces.
• E) the protectionism measures adopted by the European countries.

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Definitions:

Validly Enacted Laws

Laws that have been properly passed and approved by the legislative process, and are therefore legally binding.

Just Law

A legal principle or legislation that is regarded as fair, morally right, and in accordance with ethical standards.

Equitable Remedy

A corrective action ordered by a court that involves doing or refraining from doing something, as opposed to paying damages, to address a legal wrong or a breach of contract.

Equity Courts

Courts that have jurisdiction over cases involving remedies other than monetary rewards, such as injunctions or specific performance, based on fairness.