Special Drawing Right or SDR is
A) global reserve asset created by IMF to replace the national currencies.
B) international reserve asset created by IMF to supplement existing foreign exchange reserves.
C) weighted average of four major currencies plus the currencies of the BRICs countries.
D) none of the above
Correct Answer:
Verified
Q8: Today, the United States has been ejected
Q17: A special Drawing Right is a unit
Q18: American college students on the USA-Canadian border
Q18: Which of the following led to the
Q20: Members of the International Monetary Fund may
Q20: Jordan is planning to take a vacation
Q21: Almost every nation today (over 90%) has
Q22: In London an investor can buy a
Q23: The global recession of 2009/2010 saw the
Q24: What was the annualized forward premium on
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