Currency Crises May Result from

question 72

Multiple Choice

Currency crises may result from

• A) central bank balance sheets with higher liabilities than assets.
• B) political upheaval leading to lowering exports.
• C) a reconfiguration of central bank balance sheets.
• D) speculative attacks on the currency or central banks purchasing excessive amounts of government bonds.
• E) depreciation of foreign reserves.

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Definitions:

Operation Wetback

A 1954 initiative by the U.S. government to remove illegal immigrants, primarily Mexicans, from the United States, resulting in the deportation of thousands.

CIA

The Central Intelligence Agency, a civilian foreign intelligence service of the federal government of the United States, tasked with gathering, processing, and analyzing national security information from around the world.

Deportation

The act of a government forcibly removing an individual or a group of people from its territory, typically for legal or immigration violations.

Joseph McCarthy

A U.S. Senator known for his anti-communist pursuits in the early 1950s, leading a campaign that is often considered to have infringed on civil liberties.