Multiple choice

1. increases in government regulation.

monetary

military

fiscal

budgetary

security

2. The policy of deterrence is based on the idea that

when threatened, a nation should strike first so that its enemy is deprived of the option of a surprise attack.

economic links with another country will deter it from aggression.

modern warfare requires a flexible response policy.

the best protection against attack by an enemy is the capacity to retaliate with a devastating attack of one's own.

preemptive strikes on one nation will persuade other nations that hostile actions directed at the United States will be punished.

3. About the position of the United States in world trade, it can be said that

the United States has never had a trade surplus.

in recent years, the United States has had trade surpluses more than deficits.

the United States has the most favorable balance of trade in the world.

the United States is a larger market than the European Union.

None of the answers are correct.

4. The era of New Social Regulation, which addressed issues such as the environment and worker safety, differed from the previous two eras of regulatory reform in that

the Republican party took the lead in placing additional regulations on business.

the aim was to regulate activities of firms of many types, not just those in a particular industry.

the regulatory agencies were established in a way that prevented the president from having a role in their operations.

the guiding principle was self-regulation-business was given wide leeway in deciding how it would comply with the new requirement.

the guiding principle was overregulation-business would be allowed almost no leeway in deciding how it would comply with new regulations.