KÜRESEL POLİTİK EKONOMİ

The correct choice is D.

The correct choice is D.

The correct choice is A.

The correct choice is B.

The correct choice is B.

The correct choice is D.

The correct choice is D.

The correct choice is B.

The correct choice is D.

The correct choice is E.

Recession: The decline in real GDP due to a decline in economic activities of a state in at least two quarters, a stage of pause and contraction in economic activities. The correct answer is E.

Inflation: A continuous increase in the general price level of goods and services. The correct answer is D.

Lastly, external debt crisis mean that a country is faced with the inability to pay its current foreign debts for public and/or private sectors. The correct answer is E.

The monetary crisis, also known as the foreign exchange crisis, is defined as the disappearance of the confidence in the currency of a country, speculative funds to leave the country as a result, in spite of all the efforts of the Central Bank, the failure to maintain the current exchange rate, the devaluation of the national currency, or leaving the national currency to fluctuate altogether (Turgut, 2006: 37). The correct answer is B.

In the simplest definition, banking crises can be defined as the loss of confidence in one or more banks, people applying to withdraw their deposits in banks suddenly and widely, and that banks cannot meet this demand. The correct answer is C.

The Mexican crisis is another of the exchange rate crises. The reason for this crisis is referred in the literature as the “Tequila Crisis” is that it had influenced the part of South America which consists of Brazil, Paraguay, Argentina, and Uruguay. The crisis, which had an expansionist effect in the Latin America region, had become more and more felt all over the world and had become deeper and deeper. This crisis, which was mainly due to the spread of Neoliberalism, wrong monetary policies, speculation and domestic political events in Mexico, was effective in the global system until 2001 (Balı & Büyükşalvarcı, 2011: 157). The correct answer is A.

The Global Financial Crisis, also known as the Mortgage Crisis, which began in September 2008 in the United States, is not the first crisis of the capitalist system, but in many respects it can be considered as the deepest crisis. The correct answer is A.

As it can be understood from the figures only, the 2008 Mortgage Crisis is considered to be the first Global Crisis to take the whole world under influence (Kutlu & Demirci, 2011: 125-127). The correct answer is C.

1997 South East Asian Crisis This crisis, which began in Thailand in 1997, expanded its sphere of influence by expanding into Taiwan, Singapore, Hong Kong and South Korea, which are called the Asian Tigers. The correct answer is B.

Moratorium: The Borrower declares that they cannot pay all or part of their debts due to the loss of their ability to pay. The correct answer is D.