Which of the following best describes the special drawing right?
A) an international reserve asset created to supplement members' existing reserve assets
B) the official currency for international trade established by the World Bank
C) a substitute for the fixed value of gold as determined by currency rates
D) a contribution made by countries to join the IMF
Correct Answer:
Verified
Q2: In order to join the IMF, a
Q4: The global financial crisis has pushed China
Q5: Which of the following links together the
Q7: The primary objective of the International Monetary
Q7: Which of the following has the greatest
Q10: Which of the following was NOT a
Q10: Which EU country has NOT adopted the
Q13: Which type of exchange rate arrangement is
Q20: The value of the SDR is currently
Q70: Why is China most likely considering a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents