Acams Exam CAMS Topic 2 Question 71 Discussion

Actual exam question for Acams's CAMS exam

Question #: 71
Topic #: 2

[All CAMS Questions]

The main purpose of the US Treasury Department for OFAC's extraterritorial reach is to:

Aaccomplish the foreign policy and national security goals of the US.

Bdefend the US against questionable trade practices of its economic rivals.

Cprotect allied nations of the US from the economic threats of non-allied nations.

Dalign OFAC's and other countries' extraterritorial reach requirements.

Show Suggested Answer

Suggested Answer: A

by Cristy at Apr 12, 2024, 07:38 AM

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Alonso

5 months ago

That's a good point. It's important to consider the impact on allies as well.

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Ria

5 months ago

I think protecting allied nations from economic threats is another key aspect. If US allies are economically harmed, it could affect US interests.

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Roy

5 months ago

That could be a secondary objective, but I believe the primary focus is on national security and foreign policy.

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Margret

5 months ago

But what about defending against questionable trade practices of economic rivals? Could that also be a possible reason?

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Alonso

6 months ago

I agree with that. It makes sense that the Treasury Department would use OFAC to further US interests.

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Roy

6 months ago

I think the main purpose of OFAC's extraterritorial reach is to accomplish the foreign policy and national security goals of the US.

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Samuel

6 months ago

I think aligning OFAC's requirements with other countries is important to avoid conflicts.

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Mireya

6 months ago

That could also be a possibility, but I still believe foreign policy is the main goal.

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Casandra

7 months ago

But what about defending the US against questionable trade practices of economic rivals?

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Raymon

7 months ago

I agree with Mireya, it makes sense for the Treasury Department to focus on national security.

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Mireya

7 months ago

I think the main purpose is to accomplish the foreign policy and national security goals of the US.

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Annabelle

8 months ago

Seriously, Chauncey? That's the most boring answer ever. Where's the excitement, the intrigue? I'm going with option B. Gotta protect our economic supremacy, you know?

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Patrick

8 months ago

I hear you, Yvette, but sometimes you've got to play hardball to protect your turf. Those other countries are always trying to undercut us, and we can't just roll over and let them do it.

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Yvette

8 months ago

Hmm, I don't know, Chauncey. Option B seems a bit too aggressive, don't you think? I mean, shouldn't we be aiming for more diplomatic solutions rather than just defending our economic interests?

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Chauncey

8 months ago

You guys are overthinking this. The answer is clearly option D - OFAC is just trying to align its requirements with those of other countries. Simple as that.

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Colton

8 months ago

Hmm, I'm not convinced. Protecting allied nations seems like a more plausible explanation to me. After all, we're all in this together, right? Option C gets my vote.

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Salome

8 months ago

I'm not so sure about that. I think option B makes more sense - OFAC is there to defend the US against questionable trade practices of its economic rivals, you know, to level the playing field.

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Yuonne

8 months ago

I agree with Lucille. OFAC's reach is all about protecting US interests on the global stage. The other options just don't seem as relevant to me.

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Brittney

7 months ago

Option C seems valid too, protecting allies is crucial for US strategy.

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Carolann

7 months ago

But isn't it also about protecting allies from economic threats?

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Nu

7 months ago

I agree, it's important for the US to achieve its foreign policy goals.

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Nelida

7 months ago

I think option A makes the most sense.

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Wow, this question is a tough one. I think the main purpose of OFAC's extraterritorial reach is to accomplish the foreign policy and national security goals of the US. That's why I'm going with option A.

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