Official reserves used to achieve a balance of payments between nations engaging in international trade are held by
A) private businesses engaging in trade.
B) central banks of the nations engaged in trade.
C) commercial banks, which make loans to businesses engaging in trade.
D) commercial banks, which make loans to governments that engage in trade.
Correct Answer:
Verified
Q175: Which of the following is an item
Q176: Q177: Q178: Remittances of Mexican workers in the U.S. Q179: When a U.S. company purchases a factory Q181: If the U.S. dollar appreciates relative to Q182: An increase in the dollar price of Q183: If the exchange rate is $1 = Q184: In the dollar-euro market, an increased demand Q185: When the exchange rate between pounds and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents