Matthew Recently Started University in a Large City Far Away

question 61

Multiple Choice

Matthew recently started university in a large city far away from the small town where he grew up.He is having a difficult time feeling "at home" in his new surroundings,he misses his friends,and he feels lonely.Which of the following phenomena is Matthew experiencing?

• A)Cultural adjustment
• B)Culture shock
• C)Ethnocentrism
• D)Cultural insecurity

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Definitions:

Exchange Rates

The value of one currency expressed in terms of another currency, determining how much foreign currency can be exchanged for a unit of domestic currency.

Gold Standard

A monetary system in which the standard economic unit of account is based on a fixed quantity of gold.

International Flows

The movement of goods, services, capital, and people across international borders.

Balance of Payments

A comprehensive record of all economic transactions between the residents of a country and the rest of the world in a specific period.