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There Have Been Numerous International Monetary Orders in the Past

Question 42

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There have been numerous international monetary orders in the past two centuries.Which fact explains why we have had to go through several monetary orders to reach the current one?


A) An international monetary order is an easily provided public good.
B) The global financial world benefits from having regularly changing international monetary orders.
C) Global banks adapt too well to existing monetary orders and take advantage of them.
D) The United Kingdom has rejected each of the previous monetary orders.
E) There is no global government to provide a single global monetary order.

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