What is the name of the unit of account created by the IMF which is sometimes used to denominate contracts?

Question

What is the name of the unit of account created by the IMF which is sometimes 	used to denominate contracts?

Quizplus · Accepted Answer

The unit of account created by the IMF which is sometimes used to denominate contracts is called special drawing right (SDR). It is a basket of currencies including the US dollar, euro, Japanese yen, Chinese yuan, and British pound. It is used by central banks and international organizations as a reserve asset and can also be used as a unit of account for transactions between countries.

What Is the Name of the Unit of Account Created