Which of the following is the way in which the IMF's SDR helps in controlling currency fluctuation?
A) by acting as a basket currency in foreign exchange transactions
B) by substituting as an international currency
C) by imposing nonconvertibility from currency to gold and vice versa
D) by allowing a currency's value to fluctuate according to the foreign exchange market
Correct Answer:
Verified
Q32: IMF's Articles of Agreement establishes _.
A) gold
Q33: The principle that an obligation to pay
Q34: Which of the following is true of
Q35: The gold standard differed from the gold
Q36: Private money differs from official money in
Q38: Accounts in domestic banks that are maintained
Q39: The _ is the money used to
Q40: Which of the following is true of
Q41: The currency exchange mechanism established in 1945
Q42: Only countries that are parties to the
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