Members of the International Monetary Fund may settle transactions among themselves by transferring Special Drawing Rights (SDRs).

Question

Quizplus · Accepted Answer

Members of the International Monetary Fund (IMF) can settle transactions among themselves by transferring Special Drawing Rights (SDRs), which are a type of international reserve asset created by the IMF to supplement the existing official reserves of member countries. SDRs are not a currency, but rather a claim to currency held by IMF member countries. Therefore, option A is true.

Members of the International Monetary Fund May Settle Transactions Among