Which of the following was not part of the criteria set for the Eurozone Stability and Growth Pact in 1996?
a. Government debt should not exceed 60 per cent of GDP.
b. Government deficits should not exceed 3 per cent of GDP.
c. Interest rates should be set in such a way that member countries are aligned.
d. none of these
c. Interest rates should be set in such a way that member countries are aligned.
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South Korea and Taiwan, after their economic crisis in the late 1980s, found the following strategy to help them cope:
a. passing more stringent rules about capital flight. b. democratization. c. reducing the amount of financial information that is shared with the public. d. reducing their amount of investment in foreign markets. e. limiting the amount of foreign investment in their markets.
Which of the following factors did U.S. President Woodrow Wilson believe would “make the world safe for democracy”?
a. The granting of autonomy or self-determination to national minorities b. The division and occupation of Germany after World War I c. The spread of communism through alliances with the Soviet Union d. The participation of civil society groups in social democratic institutions