Reserves of hard currency and gold maintained by states back a national currency and cover short-term imbalances in international financial flows.

Name: Reserves of hard currency and gold maintained by states back a national currency and cover short-term imbalances in international financial flows.
Brand: Quizplus
Rating: 4.9 (58 reviews)

Question

Quizplus · Accepted Answer

Reserves of hard currency and gold are indeed used to maintain the value of a national currency and to address short-term imbalances in international financial flows.

Reserves of Hard Currency and Gold Maintained by States Back