Which power is NOT included in the fiscal powers of government sovereignty?

The correct answer is that establishing international treaties is not included in the fiscal powers of government sovereignty. Fiscal powers typically pertain to the government's ability to manage its finances, including activities related to revenue generation and expenditure management.

Creating money, taxing citizens and corporations, and borrowing money are all powers that directly affect the financial aspects of governance. Creating money involves the monetary authority's role in issuing currency, which is a fundamental component of a nation's economic policy. Taxation is essential for generating revenue to fund governmental functions and services. Borrowing money allows governments to finance deficits or invest in projects that facilitate economic growth.

In contrast, the establishment of international treaties falls under the realm of foreign policy and international relations, rather than fiscal policy. While treaties can have fiscal implications—such as trade agreements affecting tariffs or financial aid agreements—the act of creating these treaties itself is not a direct exercise of fiscal power. Thus, this choice distinguishes itself by relating to a different aspect of governmental sovereignty.