Due to interdependence heightened by NAFTA, the Clinton administration responded to a sharp decline in the value of the Mexican peso by
a. drastically reducing foreign direct investment in Mexico.
b. pulling out of NAFTA.
c. shoring up the flagging peso with a multibillion-dollar aid package.
d. dumping its reserve currency holdings of Mexican pesos.
e. shielding itself from now competitive Mexican exports by imposing quotas on certain products.
Answer: c
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Affirmative action refers to a policy that does which of the following?
a. hires minorities without regard to their skills b. gives special consideration to minorities in their selection for employment and education c. promotes minorities in areas of previous discrimination without the use of quotas d. relies exclusively on racial and ethnic quotas to accomplish its goals
Stalin and some other socialist leaders felt obligated to ______ in nonsocialist states.
a. further democratic ideals b. support imperialism c. promote fascism d. compel regime change