The dollar acts as a store of value because of
A) U.S. political stability.
B) the dollar's acceptance over time.
C) vast gold and oil reserves.
D) All of the above are correct.
E) Both a and b are correct.
Correct Answer:
Verified
Q20: Currency values under a flexible exchange rate
Q21: Exchange rates are affected by
A)market forces.
B)central banks.
C)commercial
Q22: A system where currency values fluctuate with
Q23: Under the flexible exchange rate system, markets
Q24: Derivatives can be used
A)to hedge exchange rate
Q26: The _ is an organization of 185
Q27: Which of the following did the International
Q28: Member countries of the IMF
A)pay a quota
Q29: International assets created by the International Monetary
Q30: The _ is an association that makes
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