Which international reserve asset was officially phased out of the international monetary system by the United States in the early 1970s?
A) Special drawing rights
B) Swap agreements
C) General arrangements to borrow
D) Gold
Correct Answer:
Verified
Q21: Which organization is largely intended to make
Q22: Concerning international lending risk of commercial banks,_
Q23: Most analysts feel that the financial difficulties
Q24: Concerning international debt,_ refers to a negotiated
Q25: The exchange of borrowing country debt for
Q27: To reduce losses on developing country loans,commercial
Q28: "Owned" international reserves consist of:
A) Special drawing
Q29: Concerning international lending risk of commercial banks,_
Q30: "Borrowed" international reserves consist of:
A) IMF drawings
B)
Q31: To reduce their exposure to developing country
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