The following are examples of degrees of internationalization of an international currency EXCEPT:
A) First degree of internationalization is when an international currency becomes readily accessible for trade.
B) A second degree of internationalization is when an international currency is used for international investment.
C) A third degree of internationalization is when an international currency is used for international investment.
D) A third degree of internationalization is when an international currency takes the role of a reserve currency.

Question

Quizplus · Accepted Answer

The third degree of internationalization is repeated twice in the options. The correct options are: 
- First degree of internationalization is when an international currency becomes readily accessible for trade. 
- Second degree of internationalization is when an international currency is used for international investment. 
- Third degree of internationalization is when an international currency takes the role of a reserve currency.

The Following Are Examples of Degrees of Internationalization of an International