Soviet and Communist Activities in Regard to Turkey and Greece

question 73

Multiple Choice

Soviet and Communist activities in regard to Turkey and Greece were intended to:

• A) provoke a war with the Americans and the British
• B) gain the rich natural resources of those countries
• C) inspire Russian patriotic feeling
• D) gain the Soviets access to the Mediterranean
• E) free those countries from dictatorships

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Definitions:

Balance of Payments Deficit

A situation where a country's total international payments exceed its total international receipts over a specified period, indicating more money flowing out than coming in.

Flexible Exchange Rates

A currency system where the value of a currency is allowed to fluctuate according to the foreign exchange market.

Trade Deficit

The amount by which a nation’s imports of goods (or goods and services) exceed its exports of goods (or goods and services).

Purchasing-Power-Parity Theory

The idea that if countries have flexible exchange rates (rather than fixed exchange rates), the exchange rates between national currencies will adjust to equate the purchasing power of various currencies. In particular, the exchange rate between any two national currencies will adjust to reflect the price-level differences between the two countries.