The vehicle or intermediate currency in which most international exchange transactions are conducted is the:
A)USD.
B)EUR.
C)JYP.
D)GBP.

Question

Quizplus · Accepted Answer

The USD (United States Dollar) is the most commonly used currency for international exchange transactions. It is the most widely traded currency in the world and the currency in which most commodities, such as oil and gold, are priced. It is also the world's primary reserve currency, held by many central banks and governments around the world.

The Vehicle or Intermediate Currency in Which Most International Exchange