In terms of foreign exchange transactions,the _____ has replaced the German mark as the world's second most important vehicle currency.

Question

Quizplus · Accepted Answer

The German mark was replaced by the euro, which has become the second most important vehicle currency in the world, after the US dollar. This means that the euro is widely used in international trade and finance as a medium of exchange and a store of value. The yen, pound, and riyal do not have the same level of global acceptance as the euro.

In Terms of Foreign Exchange Transactions,the _____ Has Replaced the German