A "key currency" is one that is widely traded on world money markets, has demonstrated relatively stable values over time, and has widely been accepted as a means of international settlement.
Correct Answer:
Verified
Q135: In 1973, the major industrial countries terminated
Q136: Other things equal, to keep the pound's
Q137: The U.S.dollar is generally regarded as the
Q138: Because there is no exchange stabilization fund
Q139: The Australian dollar is currently regarded as
Q141: The Bretton Woods system of 1944-1973 was
Q142: When pursued over the long run, a
Q143: In recent years, the United States has
Q144: If Ecuador adopts the U.S.dollar as its
Q145: What is an SDR?
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents