What Alliance,organized by the Soviet Union,was Formed in 1949 to Provide

question 50

Multiple Choice

What alliance,organized by the Soviet Union,was formed in 1949 to provide military security to all of its members?

• A) the Warsaw Pact
• B) the North Atlantic Treaty Organization
• C) the Collective Security Treaty Organization
• D) the Central Treaty Organization
• E) the Treaty of Versailles

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Definitions:

Eurozone

The 19 nations (as of 2019) of the 28-member (as of 2019) European Union that use the euro as their common currency. The eurozone countries are Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.

Exchange Rates

The rate at which one currency can be exchanged for another, influencing international trade and economics.

Monetary Policy

Actions taken by a central bank or financial authority to regulate the supply of money and interest rates in an economy to achieve macroeconomic objectives.

Foreign Exchange Reserves

Assets held by central banks in foreign currencies, used to back liabilities on their own currency as well as to influence monetary policy.