Reserve currency can consist of any commodity that is easily transferable and reasonably nonspoilable.

Name: Reserve currency can consist of any commodity that is easily transferable and reasonably nonspoilable.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Reserve currency refers to a specific currency that is held in significant quantities by governments and institutions as part of their foreign exchange reserves. It is not any commodity but rather a currency. Historically, the U.S. dollar has been the most dominant reserve currency.

Reserve Currency Can Consist of Any Commodity That Is Easily