The primary international reserve asset is _____.
A)yen
B)eurobonds
C)ringgit
D)U.S.dollars
E)yuan

Question

Quizplus · Accepted Answer

The U.S. dollar is widely recognized as the primary international reserve asset, as many countries hold large amounts of U.S. dollars as a means of stabilizing their own economies and maintaining access to global markets. Other currencies, such as the euro and yen, also serve as reserve currencies, but to a lesser extent than the U.S. dollar. Eurobonds and ringgit are not reserve assets. The yuan is increasing in popularity as a reserve asset, but is still not as widely recognized as the U.S. dollar.

The Primary International Reserve Asset Is _____