Podcast
Questions and Answers
What was the primary international reserve before the Bretton Woods system was established?
What was the primary international reserve before the Bretton Woods system was established?
Which event caused the decline in the use of gold after World War I?
Which event caused the decline in the use of gold after World War I?
What was the aim of creating the Bretton Woods system?
What was the aim of creating the Bretton Woods system?
Which country held most of the world's gold during the Bretton Woods era?
Which country held most of the world's gold during the Bretton Woods era?
Signup and view all the answers
Why did the Bretton Woods system come to an end in 1971?
Why did the Bretton Woods system come to an end in 1971?
Signup and view all the answers
What was the major cause for major economic powers failing to maintain the gold standard after World War I?
What was the major cause for major economic powers failing to maintain the gold standard after World War I?
Signup and view all the answers
What is the primary purpose of the European Financial Stabilisation Mechanism (EFSM)?
What is the primary purpose of the European Financial Stabilisation Mechanism (EFSM)?
Signup and view all the answers
Which institution manages the European Financial Stability Facility (EFSF)?
Which institution manages the European Financial Stability Facility (EFSF)?
Signup and view all the answers
In what year was the International Monetary Fund (IMF) formed?
In what year was the International Monetary Fund (IMF) formed?
Signup and view all the answers
What is the main function of the International Monetary Fund (IMF) among the following options?
What is the main function of the International Monetary Fund (IMF) among the following options?
Signup and view all the answers
Which of the following is NOT one of the pillars of the financial rescue program enacted by the EU in 2010?
Which of the following is NOT one of the pillars of the financial rescue program enacted by the EU in 2010?
Signup and view all the answers
What does international trade involve according to the text?
What does international trade involve according to the text?
Signup and view all the answers
What are the two major driving forces for economic globalization mentioned in the text?
What are the two major driving forces for economic globalization mentioned in the text?
Signup and view all the answers
What does marketization involve according to the text?
What does marketization involve according to the text?
Signup and view all the answers
Which dimension of economic globalization involves the globalization of financial and capital markets?
Which dimension of economic globalization involves the globalization of financial and capital markets?
Signup and view all the answers
What is the role of the International Monetary Systems (IMS) mentioned in the text?
What is the role of the International Monetary Systems (IMS) mentioned in the text?
Signup and view all the answers
During which time period was trade carried out without any institutional support with the help of gold and silver?
During which time period was trade carried out without any institutional support with the help of gold and silver?
Signup and view all the answers
Which process involves transferring industry or service from public to private ownership and control?
Which process involves transferring industry or service from public to private ownership and control?
Signup and view all the answers
