Which of the Following Statements Is Correct

question 87

Multiple Choice

Which of the following statements is correct?

• A) Under the gold standard, exchange rates fluctuate without restraint and thereby correct any international balance of payment disequilibrium
• B) If nations X and Y are on the international gold standard, and X's exports to Y exceed X's imports from Y, then gold will flow from X to Y
• C) If the dollar price of pounds rises, then the pound price of dollars will also rise
• D) American exports tend to increase, while American imports tend to decrease, the supplies of foreign monies owned by American banks

Understand the concept of cultural mixing and its potential to preserve local cultures amidst global influences.

Understand the health risks associated with smoking, including the impact on coronary artery disease, cancer, and respiratory diseases.

Know the global and historical context of tobacco use, including consumption rates and the introduction of tobacco in Europe.

Recognize the addictive nature of nicotine and the challenges associated with quitting smoking.