_____ are money-like assets that are held by governments and that are recognized by governments as fully acceptable for payments between them.

Question

Quizplus · Accepted Answer

Official international reserve assets, such as foreign currency and gold, are recognized by governments as fully acceptable for payments between them, and are held as a means of backing up and supporting the value of a nation's currency. Unofficial international assets, official domestic assets, and unofficial reserve assets are not recognized in the same way by governments.

_____ Are Money-Like Assets That Are Held by Governments and That