{"id":187,"date":"2025-05-06T13:27:11","date_gmt":"2025-05-06T13:27:11","guid":{"rendered":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/?page_id=187"},"modified":"2025-09-05T14:21:50","modified_gmt":"2025-09-05T14:21:50","slug":"chapter-6","status":"publish","type":"page","link":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/chapter-6\/","title":{"rendered":"Chapter 6"},"content":{"rendered":"\n<h2 class=\"wp-block-heading has-text-color has-link-color has-lora-font-family has-medium-font-size wp-elements-5c07e7c123febefb0cd315a4045360ab\" style=\"color:#0f476a\">International Monetary Relations&nbsp;<\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color has-lora-font-family has-medium-font-size wp-elements-cba01e8d081f11ab5ffaa8c91e3020ef\" style=\"color:#0f476a\">Quizzes&nbsp;<\/h3>\n\n\n\n<p>Test your knowledge with the Chapter 6 quiz!&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-group has-border-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"border-color:#cccccc;border-width:1px;background-color:#f7f7f7;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--30)\"><script>\n                            if (window.qmn_quiz_data === undefined) {\n                                    window.qmn_quiz_data = new Object();\n                            }\n                    <\/script><script>window.qmn_quiz_data[\"11\"] = {\"quiz_id\":\"11\",\"quiz_name\":\"Chapter 6 MCQ Single Answers\",\"disable_answer\":0,\"ajax_show_correct\":0,\"progress_bar\":\"1\",\"contact_info_location\":0,\"qpages\":{\"1\":{\"id\":\"1\",\"quizID\":\"11\",\"pagekey\":\"Nab6OknG\",\"hide_prevbtn\":\"0\"}},\"skip_validation_time_expire\":0,\"timer_limit_val\":0,\"disable_scroll_next_previous_click\":0,\"disable_scroll_on_result\":0,\"disable_first_page\":0,\"enable_result_after_timer_end\":0,\"enable_quick_result_mc\":0,\"end_quiz_if_wrong\":0,\"form_disable_autofill\":0,\"disable_mathjax\":0,\"enable_quick_correct_answer_info\":\"0\",\"quick_result_correct_answer_text\":\"Correct! 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8\\\";s:14:\\\"featureImageID\\\";s:0:\\\"\\\";s:15:\\\"featureImageSrc\\\";s:0:\\\"\\\";s:11:\\\"matchAnswer\\\";s:6:\\\"random\\\";s:11:\\\"isPublished\\\";s:1:\\\"1\\\";s:16:\\\"inline-drop-down\\\";i:1;s:14:\\\"drop-down-type\\\";s:6:\\\"single\\\";s:13:\\\"advance-polar\\\";s:0:\\\"\\\";s:12:\\\"answer_limit\\\";s:0:\\\"\\\";s:16:\\\"placeholder_text\\\";s:0:\\\"\\\";s:14:\\\"case_sensitive\\\";s:0:\\\"\\\";s:16:\\\"image_size-width\\\";s:0:\\\"\\\";s:17:\\\"image_size-height\\\";s:0:\\\"\\\";s:8:\\\"autofill\\\";s:0:\\\"\\\";s:10:\\\"limit_text\\\";s:1:\\\"0\\\";s:23:\\\"limit_multiple_response\\\";s:1:\\\"0\\\";s:17:\\\"file_upload_limit\\\";s:1:\\\"4\\\";s:16:\\\"file_upload_type\\\";s:21:\\\"image,application\\\/pdf\\\";s:15:\\\"min_text_length\\\";s:0:\\\"\\\";}\",\"category\":\"\",\"linked_question\":\"\",\"deleted\":\"0\",\"deleted_question_bank\":\"0\",\"answers\":[[\"TRUE\",0,1],[\"FALSE\",0,0]]},\"227\":{\"question_id\":\"227\",\"quiz_id\":\"11\",\"question_name\":\"The gold standard helped to stabilize flexible exchange rates.\",\"answer_array\":\"a:2:{i:0;a:3:{i:0;s:4:\\\"TRUE\\\";i:1;d:0;i:2;i:0;}i:1;a:3:{i:0;s:5:\\\"FALSE\\\";i:1;d:0;i:2;i:1;}}\",\"answer_one\":\"\",\"answer_one_points\":\"0\",\"answer_two\":\"\",\"answer_two_points\":\"0\",\"answer_three\":\"\",\"answer_three_points\":\"0\",\"answer_four\":\"\",\"answer_four_points\":\"0\",\"answer_five\":\"\",\"answer_five_points\":\"0\",\"answer_six\":\"\",\"answer_six_points\":\"0\",\"correct_answer\":\"0\",\"question_answer_info\":\"False, it was linked to fixed exchange rates.\",\"comments\":\"1\",\"hints\":\"\",\"question_order\":\"1\",\"question_type\":\"0\",\"question_type_new\":\"0\",\"question_settings\":\"a:21:{s:8:\\\"required\\\";i:0;s:12:\\\"answerEditor\\\";s:4:\\\"text\\\";s:14:\\\"question_title\\\";s:10:\\\"Question 9\\\";s:14:\\\"featureImageID\\\";s:0:\\\"\\\";s:15:\\\"featureImageSrc\\\";s:0:\\\"\\\";s:11:\\\"matchAnswer\\\";s:6:\\\"random\\\";s:11:\\\"isPublished\\\";s:1:\\\"1\\\";s:16:\\\"inline-drop-down\\\";i:1;s:14:\\\"drop-down-type\\\";s:6:\\\"single\\\";s:13:\\\"advance-polar\\\";s:0:\\\"\\\";s:12:\\\"answer_limit\\\";s:0:\\\"\\\";s:16:\\\"placeholder_text\\\";s:0:\\\"\\\";s:14:\\\"case_sensitive\\\";s:0:\\\"\\\";s:16:\\\"image_size-width\\\";s:0:\\\"\\\";s:17:\\\"image_size-height\\\";s:0:\\\"\\\";s:8:\\\"autofill\\\";s:0:\\\"\\\";s:10:\\\"limit_text\\\";s:1:\\\"0\\\";s:23:\\\"limit_multiple_response\\\";s:1:\\\"0\\\";s:17:\\\"file_upload_limit\\\";s:1:\\\"4\\\";s:16:\\\"file_upload_type\\\";s:21:\\\"image,application\\\/pdf\\\";s:15:\\\"min_text_length\\\";s:0:\\\"\\\";}\",\"category\":\"\",\"linked_question\":\"\",\"deleted\":\"0\",\"deleted_question_bank\":\"0\",\"answers\":[[\"TRUE\",0,0],[\"FALSE\",0,1]]}},\"first_page\":false,\"questions_settings\":[]}\n                    <\/script>\t\t<div class='qsm-quiz-container qsm-quiz-container-11 qmn_quiz_container mlw_qmn_quiz qsm_auto_pagination_enabled quiz_theme_default  '>\n\t\t\t\t\t\t\t\t<form name=\"quizForm11\" id=\"quizForm11\" action=\"\/globalpoliticaleconomy\/wp-json\/wp\/v2\/pages\/187\/\" method=\"POST\" class=\"qsm-quiz-form qmn_quiz_form mlw_quiz_form\" novalidate enctype=\"multipart\/form-data\">\n\t\t\t\t<input type=\"hidden\" name=\"qsm_hidden_questions\" id=\"qsm_hidden_questions\" value=\"\">\n\t\t\t\t<input type=\"hidden\" name=\"qsm_nonce\" id=\"qsm_nonce_11\" value=\"efc801ce79\">\n\t\t\t\t<input type=\"hidden\" name=\"qsm_unique_key\" id=\"qsm_unique_key_11\" value=\"69eb3c5b14747\">\n\t\t\t\t<div id=\"mlw_error_message\" class=\"qsm-error-message qmn_error_message_section\"><\/div>\n\t\t\t\t<span id=\"mlw_top_of_quiz\"><\/span>\n\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-1\" data-apid=\"1\" data-qpid=\"1\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-0  question-section-id-36 slide0 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 1 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm_remove_bold' >\n\t\t<p>The eurocurrency market refers to currency that is deposited and trade in:<\/p>\n\t<\/div>\n\t\t<fieldset>\n\t\t<legend><\/legend>\n\t<div class='qmn_radio_answers mlwRequiredRadio'>\n\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question36-1 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question36\" id=\"question36_1\" value=\"0\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question36_1\">\n\t\t\t\t\tOn-line exchanges\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question36-2 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question36\" id=\"question36_2\" value=\"1\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question36_2\">\n\t\t\t\t\tOver the counter markets\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question36-3 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question36\" id=\"question36_3\" value=\"2\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question36_3\">\n\t\t\t\t\tOffshore banks\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question36-4 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question36\" id=\"question36_4\" value=\"3\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question36_4\">\n\t\t\t\t\tNone of the above\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t \t\t\t<label style=\"display: none !important;\" for=\"question36_none\">None<\/label>\n\t\t\t<input type=\"radio\" style=\"display: none;\" name=\"question36\" id=\"question36_none\" checked=\"checked\" value=\"\" \/>\n\t\t\t\t<\/div>\n\t<\/fieldset>\n\t<input type=\"hidden\" name=\"answer_limit_keys_36\" value=\"\" \/>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-2\" data-apid=\"2\" data-qpid=\"2\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-4  question-section-id-220 slide1 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 2 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm_remove_bold' >\n\t\t<p>Which of the following are functions of money? Choose all that apply.<\/p>\n\t<\/div>\n\t\t<fieldset>\n\t\t<legend><\/legend>\n\t<div class=\"qmn_check_answers mlwRequiredRadio\">\n\t\t\t\t\t\t\t<div class=\"qsm_check_answer  mrq_checkbox_class\">\n\t\t\t\t\t\t<input type=\"checkbox\" class=\"qsm-multiple-response-input\"  name=\"question220[]\" id=\"question220_1\" value=\"0\" \/>\n\t\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question220_1\">\n\t\t\t\t\t\t\tStore of value\t\t\t\t\t\t<\/label>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm_check_answer  mrq_checkbox_class\">\n\t\t\t\t\t\t<input type=\"checkbox\" class=\"qsm-multiple-response-input\"  name=\"question220[]\" id=\"question220_2\" value=\"1\" \/>\n\t\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question220_2\">\n\t\t\t\t\t\t\tUnit of measurment of value\t\t\t\t\t\t<\/label>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm_check_answer  mrq_checkbox_class\">\n\t\t\t\t\t\t<input type=\"checkbox\" class=\"qsm-multiple-response-input\"  name=\"question220[]\" id=\"question220_3\" value=\"2\" \/>\n\t\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question220_3\">\n\t\t\t\t\t\t\tReflection of government&#8217;s stability\t\t\t\t\t\t<\/label>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm_check_answer  mrq_checkbox_class\">\n\t\t\t\t\t\t<input type=\"checkbox\" class=\"qsm-multiple-response-input\"  name=\"question220[]\" id=\"question220_4\" value=\"3\" \/>\n\t\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question220_4\">\n\t\t\t\t\t\t\tMedium of exchange\t\t\t\t\t\t<\/label>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t<\/fieldset>\n\t<input type=\"hidden\" name=\"answer_limit_keys_220\" value=\"\" \/>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-3\" data-apid=\"3\" data-qpid=\"3\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-4  question-section-id-221 slide2 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 3 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm_remove_bold' >\n\t\t<p>Which of the following are components of the balance of payments? Choose all that apply.<\/p>\n\t<\/div>\n\t\t<fieldset>\n\t\t<legend><\/legend>\n\t<div class=\"qmn_check_answers mlwRequiredRadio\">\n\t\t\t\t\t\t\t<div class=\"qsm_check_answer  mrq_checkbox_class\">\n\t\t\t\t\t\t<input type=\"checkbox\" class=\"qsm-multiple-response-input\"  name=\"question221[]\" id=\"question221_1\" value=\"0\" \/>\n\t\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question221_1\">\n\t\t\t\t\t\t\tCapital account\t\t\t\t\t\t<\/label>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm_check_answer  mrq_checkbox_class\">\n\t\t\t\t\t\t<input type=\"checkbox\" class=\"qsm-multiple-response-input\"  name=\"question221[]\" id=\"question221_2\" value=\"1\" \/>\n\t\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question221_2\">\n\t\t\t\t\t\t\tSecondary account\t\t\t\t\t\t<\/label>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm_check_answer  mrq_checkbox_class\">\n\t\t\t\t\t\t<input type=\"checkbox\" class=\"qsm-multiple-response-input\"  name=\"question221[]\" id=\"question221_3\" value=\"2\" \/>\n\t\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question221_3\">\n\t\t\t\t\t\t\tFinancial account\t\t\t\t\t\t<\/label>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm_check_answer  mrq_checkbox_class\">\n\t\t\t\t\t\t<input type=\"checkbox\" class=\"qsm-multiple-response-input\"  name=\"question221[]\" id=\"question221_4\" value=\"3\" \/>\n\t\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question221_4\">\n\t\t\t\t\t\t\tCurrent account\t\t\t\t\t\t<\/label>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t<\/fieldset>\n\t<input type=\"hidden\" name=\"answer_limit_keys_221\" value=\"\" \/>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-4\" data-apid=\"4\" data-qpid=\"4\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-14  question-section-id-222 slide3 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 4 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm-align-fill-in-blanks qsm_remove_bold' >\n\t\t<p>\u201cExorbitant privilege\u201d refers to the unique role of which currency? <input type='text' class='qmn_fill_blank mlwRequiredText' name='question222[]' \/> <input type='text' class='qmn_fill_blank mlwRequiredText' name='question222[]' \/><\/p>\n\t<\/div>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-5\" data-apid=\"5\" data-qpid=\"5\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-14  question-section-id-223 slide4 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 5 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm-align-fill-in-blanks qsm_remove_bold' >\n\t\t<p>SDRs are a specialized medium of exchange run by the <input type='text' class='qmn_fill_blank mlwRequiredText' name='question223[]' \/> .<\/p>\n\t<\/div>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-6\" data-apid=\"6\" data-qpid=\"6\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-0  question-section-id-224 slide5 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 6 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm_remove_bold' >\n\t\t<p>Depreciation is when a state chooses to lower the value of its currency.<\/p>\n\t<\/div>\n\t\t<fieldset>\n\t\t<legend><\/legend>\n\t<div class='qmn_radio_answers mlwRequiredRadio'>\n\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question224-1 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question224\" id=\"question224_1\" value=\"0\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question224_1\">\n\t\t\t\t\tTRUE\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question224-2 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question224\" id=\"question224_2\" value=\"1\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question224_2\">\n\t\t\t\t\tFALSE\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t \t\t\t<label style=\"display: none !important;\" for=\"question224_none\">None<\/label>\n\t\t\t<input type=\"radio\" style=\"display: none;\" name=\"question224\" id=\"question224_none\" checked=\"checked\" value=\"\" \/>\n\t\t\t\t<\/div>\n\t<\/fieldset>\n\t<input type=\"hidden\" name=\"answer_limit_keys_224\" value=\"\" \/>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-7\" data-apid=\"7\" data-qpid=\"7\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-0  question-section-id-225 slide6 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 7 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm_remove_bold' >\n\t\t<p>The financial account includes exports and imports of goods and services.<\/p>\n\t<\/div>\n\t\t<fieldset>\n\t\t<legend><\/legend>\n\t<div class='qmn_radio_answers mlwRequiredRadio'>\n\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question225-1 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question225\" id=\"question225_1\" value=\"0\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question225_1\">\n\t\t\t\t\tTRUE\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question225-2 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question225\" id=\"question225_2\" value=\"1\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question225_2\">\n\t\t\t\t\tFALSE\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t \t\t\t<label style=\"display: none !important;\" for=\"question225_none\">None<\/label>\n\t\t\t<input type=\"radio\" style=\"display: none;\" name=\"question225\" id=\"question225_none\" checked=\"checked\" value=\"\" \/>\n\t\t\t\t<\/div>\n\t<\/fieldset>\n\t<input type=\"hidden\" name=\"answer_limit_keys_225\" value=\"\" \/>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-8\" data-apid=\"8\" data-qpid=\"8\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-0  question-section-id-226 slide7 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 8 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm_remove_bold' >\n\t\t<p>The U.S. has the highest external debt in the world.<\/p>\n\t<\/div>\n\t\t<fieldset>\n\t\t<legend><\/legend>\n\t<div class='qmn_radio_answers mlwRequiredRadio'>\n\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question226-1 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question226\" id=\"question226_1\" value=\"0\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question226_1\">\n\t\t\t\t\tTRUE\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question226-2 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question226\" id=\"question226_2\" value=\"1\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question226_2\">\n\t\t\t\t\tFALSE\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t \t\t\t<label style=\"display: none !important;\" for=\"question226_none\">None<\/label>\n\t\t\t<input type=\"radio\" style=\"display: none;\" name=\"question226\" id=\"question226_none\" checked=\"checked\" value=\"\" \/>\n\t\t\t\t<\/div>\n\t<\/fieldset>\n\t<input type=\"hidden\" name=\"answer_limit_keys_226\" value=\"\" \/>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-9\" data-apid=\"9\" data-qpid=\"9\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-0  question-section-id-227 slide8 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 9 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm_remove_bold' >\n\t\t<p>The gold standard helped to stabilize flexible exchange rates.<\/p>\n\t<\/div>\n\t\t<fieldset>\n\t\t<legend><\/legend>\n\t<div class='qmn_radio_answers mlwRequiredRadio'>\n\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question227-1 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question227\" id=\"question227_1\" value=\"0\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question227_1\">\n\t\t\t\t\tTRUE\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question227-2 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question227\" id=\"question227_2\" value=\"1\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question227_2\">\n\t\t\t\t\tFALSE\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t \t\t\t<label style=\"display: none !important;\" for=\"question227_none\">None<\/label>\n\t\t\t<input type=\"radio\" style=\"display: none;\" name=\"question227\" id=\"question227_none\" checked=\"checked\" value=\"\" \/>\n\t\t\t\t<\/div>\n\t<\/fieldset>\n\t<input type=\"hidden\" name=\"answer_limit_keys_227\" value=\"\" \/>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"qmn_question_list\" value=\"36Q220Q221Q222Q223Q224Q225Q226Q227Q\" \/>\n\t\t\t\t\t<div class=\"qsm-auto-page-row quiz_section quiz_end empty_quiz_end qsm-d-none\" >\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div id=\"mlw_error_message_bottom\" class=\"qsm-error-message qmn_error_message_section\"><\/div>\n\t\t\t\t\t<input type=\"hidden\" name=\"qmn_all_questions_count\" id=\"qmn_all_questions_count\" value=\"9\" \/>\n\t\t\t\t\t<input type=\"hidden\" name=\"total_questions\" id=\"total_questions\" value=\"9\" \/>\n\t\t\t\t\t<input type=\"hidden\" name=\"timer\" id=\"timer\" value=\"0\" \/>\n\t\t\t\t\t<input type=\"hidden\" name=\"timer_ms\" id=\"timer_ms\" value=\"0\"\/>\n\t\t\t\t\t<input type=\"hidden\" class=\"qmn_quiz_id\" name=\"qmn_quiz_id\" id=\"qmn_quiz_id\" value=\"11\" \/>\n\t\t\t\t\t<input type='hidden' name='complete_quiz' value='confirmation' \/>\n\t\t\t\t\t\t\t\t\t<\/form>\n\t\t\t\t\t\t<\/div>\n\t\t<div style=\"display: none;\" class=\"qsm-popup qsm-popup-slide\" id=\"modal-4\" aria-hidden=\"false\"><div class=\"qsm-popup__overlay\" tabindex=\"-1\" data-micromodal-close=\"\"><div class=\"qsm-popup__container qmn_quiz_container\" role=\"dialog\" aria-modal=\"true\"><div class=\"qsm-popup__content\"><img decoding=\"async\" src=\"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-content\/plugins\/quiz-master-next\/assets\/clock.png\" alt=\"clock.png\"\/><p class=\"qsm-time-up-text\"> Time&#8217;s up<\/p><\/div><footer class=\"qsm-popup__footer\"><button class=\"qsm-popup-secondary-button qmn_btn\" data-micromodal-close=\"\" aria-label=\"Close this dialog window\" onclick=\"location.reload();\">Cancel<\/button><\/footer><\/div><\/div><\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color has-lora-font-family has-medium-font-size wp-elements-d1c9730d758fa5921098616072b94bdb\" style=\"color:#0f476a\">Watch, Listen, Read, and Explore&nbsp;<\/h3>\n\n\n\n<p>This content includes videos, podcasts, articles, readings, and other resources to help you understand and explore the content covered in the chapter. Most readings are freely available, although anything marked with an asterisk may require institutional log-in (e.g., through your university). Freely available data sources are also included to explore and further research.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color has-lora-font-family has-medium-font-size wp-elements-1b4110a70dedd7f9138041547b7bd8bc\" style=\"color:#0f476a\">Videos&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>See <a href=\"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/lecture-videos\/\" title=\"Lecture Videos\">Lecture Video<\/a><\/li>\n\n\n\n<li>Lecture by Martin Daunton on the Great Depression and embedded liberalism: <a href=\"https:\/\/www.youtube.com\/watch?v=F6KC0ANebNk\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.youtube.com\/watch?v=F6KC0ANebNk<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>EconPlusDal video explainer: <a href=\"https:\/\/www.youtube.com\/watch?v=bel_y5ka80M\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.youtube.com\/watch?v=bel_y5ka80M<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>Niall Ferguson, the Ascent of Money, episodes: <a href=\"https:\/\/www.youtube.com\/playlist?list=PLSP9UbXmBuqq2VIdj2JhYgjlYVWrWC2or\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.youtube.com\/playlist?list=PLSP9UbXmBuqq2VIdj2JhYgjlYVWrWC2or<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>Commanding Heights video series on stagflation: <a href=\"https:\/\/www.pbs.org\/wgbh\/commandingheights\/hi\/story\/ch_menu.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.pbs.org\/wgbh\/commandingheights\/hi\/story\/ch_menu.html<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>Brief history of the euro (Trans European Policy Studies Assn): <a href=\"https:\/\/www.youtube.com\/watch?v=2EjAznh_BGE\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.youtube.com\/watch?v=2EjAznh_BGE<\/a>&nbsp;&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color has-lora-font-family has-medium-font-size wp-elements-e71567cb862808fe31dcc6148c06ced6\" style=\"color:#0f476a\">Podcasts&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Institute of International Finance, <a href=\"https:\/\/www.iif.com\/Products\/Podcasts\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.iif.com\/Products\/Podcasts<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>FT podcasts, <a href=\"https:\/\/www.ft.com\/podcasts\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.ft.com\/podcasts<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>Financial Theory &#8211; John Geanakoplos, Yale University open course podcast: <a href=\"https:\/\/podcasts.apple.com\/gb\/podcast\/financial-theory-audio\/id428549105\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/podcasts.apple.com\/gb\/podcast\/financial-theory-audio\/id428549105<\/a>&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color has-lora-font-family has-medium-font-size wp-elements-0c542f176e20013b73cd56b2a9bdc6ea\" style=\"color:#0f476a\">Readings&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Balance of payments explainer (Fed. Reserve Bank of Australia): <a href=\"https:\/\/www.rba.gov.au\/education\/resources\/explainers\/the-balance-of-payments.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.rba.gov.au\/education\/resources\/explainers\/the-balance-of-payments.html<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>IMF overview: <a href=\"https:\/\/www.imf.org\/external\/pubs\/ft\/bop\/2007\/pdf\/chap2.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.imf.org\/external\/pubs\/ft\/bop\/2007\/pdf\/chap2.pdf<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>\u201cAn Exorbitant Privilege Now at Risk? The Once (and Future?) Almighty Dollar\u201d (Keith Rockwell): <a href=\"https:\/\/www.wilsoncenter.org\/article\/exorbitant-privilege-now-risk-once-and-future-almighty-dollar\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.wilsoncenter.org\/article\/exorbitant-privilege-now-risk-once-and-future-almighty-dollar<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>\u201cThe Principles of Embedded Liberalism: Social Legitimacy and Global Capitalism\u201d (Rawi Abdelal &amp; John Ruggie): <a href=\"https:\/\/www.hbs.edu\/faculty\/Pages\/item.aspx?num=36533\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.hbs.edu\/faculty\/Pages\/item.aspx?num=36533<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>Timeline of the euro (European Central Bank): <a href=\"https:\/\/www.ecb.europa.eu\/ecb\/history-arts-culture\/history\/emu\/html\/index.en.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.ecb.europa.eu\/ecb\/history-arts-culture\/history\/emu\/html\/index.en.html<\/a>&nbsp;&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color has-lora-font-family has-medium-font-size wp-elements-21c53de307eb79d47e0f413dc5bd45c9\" style=\"color:#0f476a\">Selected Sources of Free Data&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>IMF exchange rate data: <a href=\"https:\/\/www.imf.org\/external\/np\/fin\/ert\/GUI\/Pages\/CountryDataBase.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.imf.org\/external\/np\/fin\/ert\/GUI\/Pages\/CountryDataBase.aspx<\/a>&nbsp;<\/li>\n\n\n\n<li>IMF BOP data: <a href=\"https:\/\/data.imf.org\/?sk=7a51304b-6426-40c0-83dd-ca473ca1fd52\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/data.imf.org\/?sk=7a51304b-6426-40c0-83dd-ca473ca1fd52<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>IMF voting power, <a href=\"https:\/\/www.imf.org\/en\/About\/executive-board\/members-quotas\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.imf.org\/en\/About\/executive-board\/members-quotas<\/a>&nbsp;<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>International Monetary Relations&nbsp; Quizzes&nbsp; Test your knowledge with the Chapter 6 quiz!&nbsp; Watch, Listen, Read, and Explore&nbsp; This content includes videos, podcasts, articles, readings, and other resources to help you understand and explore the content covered in the chapter. Most readings are freely available, although anything marked with an asterisk may require institutional log-in (e.g.,&hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-187","page","type-page","status-publish","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/pages\/187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/comments?post=187"}],"version-history":[{"count":7,"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/pages\/187\/revisions"}],"predecessor-version":[{"id":477,"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/pages\/187\/revisions\/477"}],"wp:attachment":[{"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/media?parent=187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}