Special Drawing Rights (SDR) are
A) an artificial international reserve allotted to the members of the International Monetary Fund (IMF) ,who can then use it for transactions among themselves or with the IMF.
B) a "portfolio" of currencies,and its value tends to be more stable than the currencies that it is comprised of.
C) used in addition to gold and foreign exchanges,to make international payments.
D) All of these choices are correct.
Correct Answer:
Verified
Q41: Under the Bretton Woods system,
A)the U.S.dollar was
Q42: Since the end of the fixed exchange
Q43: In 1963,President John Kennedy imposed the Interest
Q44: Since the SDR is a "portfolio" of
Q45: With regard to the current exchange rate
Q47: Under a flexible exchange rate regime,governments can
Q48: Under a purely flexible exchange rate system
A)supply
Q49: Following the demise of the Bretton Woods
Q50: The growth of the Eurodollar market,which is
Q51: The Bretton Woods system ended in
A)1945.
B)1973.
C)1981.
D)2001.
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