The Principle Determinant of the Long-Term Value of a State's

question 44

Multiple Choice

The principle determinant of the long-term value of a state's currency is __________.

• A)speculation in global currency markets
• B)its fiscal health during economic crises
• C)whether it incurs a trade surplus or deficit
• D)the supply and demand of the currency

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Definitions:

Partner's Crime

A legal concept referring to crimes committed by an individual that are connected to the actions or business operations of their partner.

Criminal Tendencies

The propensity or inclination of an individual to engage in behavior that is considered criminal or unlawful.

Legal Entities

Organizations such as corporations, governments, or nonprofit institutions that have legal rights and obligations.

Duty Of Care

A legal obligation requiring individuals to exercise a reasonable standard of care to prevent harm to others.