A significant benefit of having the world reserve currency is:
A) The status and prestige that comes with it
B) Avoiding transactions costs when importing and exporting goods and services
C) More media attention
D) More countries wishing to make political agreements with your country
Correct Answer:
Verified
Q1: An official reserve currency is:
A) The currency
Q2: A typical characteristic of a reseve country
Q4: If the dollar is the world's reserve
Q5: What is a cost to the reserve
Q6: An additional cost of having a world
Q7: The most dominant currency in the classical
Q8: The US dollar became the official world
Q9: A hybrid between a gold standard and
Q10: Members of the eurozone have:
A) The same
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