A composite currency whose value is the average of the values of the U.S. dollar, the Japanese yen, the euro, and the British pound is known as a:

Question

Quizplus · Accepted Answer

A composite currency whose value is the average of the values of the U.S. dollar, the Japanese yen, the euro, and the British pound is known as a special drawing right (SDR). It is a form of international reserve currency created by the International Monetary Fund (IMF) and is used in international transactions and by central banks for reserve holdings.

A Composite Currency Whose Value Is the Average of the Values