A Considerable Advantage That Richer Countries Have Over Poorer Ones

question 46

Multiple Choice

A considerable advantage that richer countries have over poorer ones is exemplified by the fact that

• A) richer countries do not have to denominate their foreign debts in their own currencies.
• B) richer countries have the ability to denominate their foreign debts in foreign currencies.
• C) when demand falls for a poorer country's goods, this leads to a significant wealth transfer from foreigners to the poorer country, a kind of international insurance payment.
• D) richer countries have the ability to denominate their foreign debts in their own currencies.
• E) richer countries can extract trade advantages by using military power.

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Definitions:

Bilingual Education

An educational approach that involves teaching academic content in two languages.

Bilingualism

The ability of an individual to speak and understand two languages.

Pragmatics

The field of linguistics that focuses on how language is used within social situations and how individuals generate and understand meanings via language.

Metalinguistics

The awareness and understanding of one's own use of language and its properties.