Currently,international reserve assets are comprised of
A)gold,platinum,foreign exchanges,and special drawing rights (SDRs).
B)gold,foreign exchanges,special drawing rights (SDRs),and reserve positions in the International Monetary Fund (IMF).
C)gold,diamonds,foreign exchanges,and special drawing rights (SDRs).
D)reserve positions in the International Monetary Fund (IMF),only.

Question

Quizplus · Accepted Answer

According to the International Monetary Fund (IMF), international reserve assets consist of gold, foreign exchanges, special drawing rights (SDRs), and reserve positions in the IMF. This is the most comprehensive and accurate option. Option A is incorrect because it includes platinum and diamonds, which are not generally considered to be international reserve assets. Option D is incorrect because it only includes reserve positions in the IMF and excludes other important reserve assets such as gold and foreign exchanges.

Currently,international Reserve Assets Are Comprised of