Which of the following is not a reason why residents of other countries desire to acquire dollars?
A) foreigners need dollars to purchase U.S.goods and services
B) dollars can be used as a safe way of storing value when the foreigner's own currency is unstable
C) dollars are accepted as an international medium of exchange
D) dollars can be used for cash gifts from foreigners to U.S.friends and relatives
E) dollars are the only currency accepted in international transactions
Correct Answer:
Verified
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