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There Have Been Numerous International Monetary Orders in the Past

Question 39

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There have been numerous international monetary orders in the past two centuries.Which of the following best explains why international monetary orders aren't more stable?


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) There is no global government to provide a single global monetary order.

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