pol 256 exam 2

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Last updated 10:06 PM on 10/5/26
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5 Terms

1
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fixed- exchange rate

Fixes the value of currency to external standard such as precious metals or another country’s currencey

2
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floating exchange rate

does not maintain a set value for their currency

  • value of a currency relates to market driven supply/demand ex. U.S dollar


3
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balance of payments

an account of country’s international transactions

4
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balance of payment adjustments

government policies to correct deficits and surpluses

5
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krishners warning signs

  • american power and influence is on decline

  • international politics play an essential role

  • U.S domestic politics are under stress