Which of the following is NOT a reason that the United States dollar remains the benchmark currency?
A) The size of the U.S. economy
B) The position of the U.S. as the predominant purchaser of goods and services globally
C) The historical strong U.S. economic growth
D) The political flexibility of the U.S.
E) The U.S. sovereign debt

Question

Quizplus · Accepted Answer

Despite the high levels of U.S. sovereign debt, it is not a significant reason why the U.S. dollar remains the benchmark currency. While sovereign debt can impact a currency's strength, it is not the primary reason why the U.S. dollar remains the global benchmark.

Which of the Following Is NOT a Reason That the United