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Which of the Following Is False

Question 64

Multiple Choice

Which of the following is false?


A) The dollar and the euro are demanded in international financial markets because of their perceived stability.
B) Roughly 50 to 60 percent of all U.S. currency and over 70 percent of all $100 bills are held abroad.
C) The International Monetary Fund, the World Bank, and the Bank for International Settlements were created in 1944 at Bretton Woods, New Hampshire.
D) The International Bank for Reconstruction and Development makes 12- to 15-year loans to poor countries.

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