The U.S.dollar is called a ________ because it is often used as a medium of exchange in international markets.

Question

Quizplus · Accepted Answer

The term "reserve currency" refers to a currency that is held by central banks and other major financial institutions as a means of international payment and settlement. The U.S. dollar has been the world's primary reserve currency since the end of World War II, and is widely used in international trade and finance.

The USDollar Is Called a ________ Because It Is Often Used