The Global Economy — Test Answers

25 verified answers1 views

How has a change in internet access from 2003 to 2019 most likely affected globalization?

A 50 percent increase in internet access has most likely sped up globalization.

A 60 percent decrease in internet access has most likely slowed down globalization.

A 30 percent increase in internet access has most likely had little effect on globalization.

A 40 percent decrease in internet access has most likely had little effect on globalization.

For the time period shown, the value of the US dollar was generally

more than twice that of the Canadian dollar.

about half that of the Canadian dollar.

rising against the Canadian dollar.

falling against the Canadian dollar.

Which statement accurately interprets the information on the chart?

Swiss francs are the strongest currency in Europe.

Japan's currency shows that it has the strongest economy of any country.

It would take six British pounds to purchase one US dollar.

The value of each currency is shown in relation to the US dollar.

Based on the graph, what conclusion can be drawn about the US economy?

The economy suffered a setback in 2009 before rebounding in 2010.

The economy suffered setbacks in the years 2009, 2010, and 2011.

The economy suffered a setback in 2009 before rebounding in 2011.

The economy suffered a setback in 2009 and had not recovered by 2011.

In this table, the reference currency is the

Swiss franc.

Japanese yen.

US dollar.

euro.

Did you find these answers helpful?

More from this Course