Continued U

question 65

Multiple Choice

Continued U.S. trade deficits coupled with foreigners' desire to diversify their currency holdings away from U.S. dollars

• A)could further diminish the position of the dollar as the dominant reserve currency.
• B)could affect the value of U.S. dollar (e.g. through the currency diversification decisions of Asian central banks).
• C)could lend steam to the emergence of the euro as a credible reserve currency.
• D)all of the above

---

Definitions:

Temporally

Pertaining to time or the sequence of time, especially regarding how things occur in a specific order or timing.

Spatially

Pertains to or involves the extent, area, dimensions, or location of objects or processes in space.

Fredric Jameson

An American literary critic and Marxist political theorist known for his analysis of contemporary culture and the role of postmodernity.

Postmodern Culture

A culture characterized by an eclectic mix of styles, skepticism towards grand narratives, and the questioning of traditional values and norms.