Since the SDR is a "portfolio" of currencies
A) its value tends to be more stable than the value of any of the individual currencies included in the SDR.
B) its value tends to be less stable than the value of any of the individual currencies included in the SDR.
C) its value tends to be as stable as the average of the individual currencies included in the SDR.
D) none of the options
Correct Answer:
Verified
Q39: The majority of countries got off the
Q40: At the outbreak of World War I
A)major
Q41: Under the Bretton Woods system,
A)the U.S.dollar was
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Q43: In 1963,President John Kennedy imposed the Interest
Q45: With regard to the current exchange rate
Q46: Special Drawing Rights (SDR)are
A)an artificial international reserve
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
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