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Examen
Global Political Economy exam with correct answers 2024
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---5septiembre 20242024/2025A+
- What caused the 2008 recession? correct answers MAINLY Subprime mortgages - reselling of subprime mortgages as mortgage-backed securities worldwide (Lehman Brothers bank goes bankrupt) 
 - The US gov encourages banks to lower their interest rates -- inadequate regulation of the banks and other financial institutions 
 - The excess in both U.S. borrowing and East Asian countries' savings leads to trade deficits (US overspends) 
 
Critical Perspectives correct answers - 4 perspectives that crit...
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