Since the founding of the IMF, most international reserves have been held in
A) gold.
B) silver.
C) U.S. dollars.
D) British pounds sterling.

Question

Quizplus · Accepted Answer

The majority of international reserves have been held in U.S. dollars since the IMF's founding. This is because the U.S. was the world's largest economy and had the most widely used currency. Other currencies, such as the British pound sterling and the euro, have also been held as reserves, but to a lesser extent than the U.S. dollar. Gold and silver have become less important as reserve currencies over time.

Since the Founding of the IMF, Most International Reserves Have