Solved

International Reserves Are

Question 108

Multiple Choice

International reserves are:


A) reserves held by banks to back international deposits.
B) dollars held by the Federal Reserve to support the value of the dollar.
C) foreign currency assets held by a government for the purpose of purchasing domestic currency in the foreign exchange market.
D) foreign currency deposits held by banks to provide international liquidity for domestic customers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents