The euro is unlikely to seriously challenge the dollar as a reserve currency as long as
A) the European Union's share of world GDP remains significantly smaller than that of the United States.
B) the European Union's share of world exports remains significantly smaller than that of the United States.
C) Europe neglects to integrate its financial markets.
D) the European Union is unable to function as a cohesive political entity.
D
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a. forming b. norming c. storming d. performing
If the U.S. Supreme Court denies a writ of certiorari, it means I. The court did not feel the case was important enough to review. II. The decision of the lower court is correct. III. The decision of the circuit court of appeals is effectively reversed. IV. The Supreme Court has agreed to hear the case
a. Only statement I is correct. b. Statements I and II are correct. c. Statements II and IV are correct. d. Only statement III is correct. e. Statements I, III, and IV are correct.