Which of the following statements about the role of the United States in the global economy is NOT true?
A) Since the end of World War II, the United States has played a central role in the international political economy by dominating multinational bodies like the International Monetary Fund and the World Bank.
B) The dominant position of the United States has been challenged by the rise of the European Union.
C) The U.S. dollar has been challenged as the world's dominant trading currency by the euro.
D) There have been increased calls domestically for the United States to isolate itself from the regulation of the world economy in part because of the impacts of globalization on the United States' economy.
E) The separation of powers between the executive and legislative branches, and the local constituencies of members of Congress, ensures continuing resistance to the U.S.'s international role.
Correct Answer:
Verified
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