Which of the Following Is True Regarding the Implications for International

question 66

Multiple Choice

Which of the following is true regarding the implications for international businesses in the present monetary system?

• A) In the long run, the monetary policies imposed by the International Monetary Fund on borrowing countries hampers economic growth.
• B) In the short run, the anti-inflationary monetary policies of the International Monetary Fund result in contraction of demand.
• C) Businesses should not use their influence to alter an international monetary system to promote international trade and investment.
• D) Exchange rate volatility such as the world experienced during the 1980s and 1990s creates an environment more conducive to international trade and investment.
• E) It is in the interests of international business to promote an international monetary system that maximizes volatile exchange rate movements.

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Definitions:

Democratic Elitism

A theory that democracy is inevitably ruled by a small number of elites or expert leaders despite the participation of the broader populace.

Elite Democrats

Influential members within the Democratic Party known for their power, status, or wealth.

Public Opinion

The collective attitudes, beliefs, or views of the adult population regarding issues or subjects of public interest.

Agents of Political Socialization

Individuals, institutions, and experiences that contribute to and influence the political beliefs and values of individuals, such as family, schools, and media.