The phenomenal growth of developing nations has led to the conclusion that the "three Rs"-the currencies of China, India, and Brazil-will soon replace the dollar as the world's reserve currency.

Question

Quizplus · Accepted Answer

The "three Rs" refer to reading, writing, and arithmetic, not the currencies of China, India, and Brazil. Additionally, while these countries have experienced significant economic growth, the U.S. dollar remains the world's primary reserve currency due to its stability and the size of the U.S. economy.

The Phenomenal Growth of Developing Nations Has Led to the Conclusion