Today, the global economy is increasingly dominated by three major currency blocs. They are:
A) the U.S. dollar, the French franc, and the Japanese yen.
B) the U.S. dollar, the Spanish peso, and the Japanese yen.
C) the U.S. dollar, the British pound, and the Japanese yen.
D) the U.S. dollar, the British pound, and the German mark.
E) the U.S. dollar, the Japanese yen, and the euro.
Correct Answer:
Verified
Q2: The IMF's SDR stands for:
A) special legal
Q2: Participating nations may use SDRs as a
Q4: The U.S. trade deficit has pushed the
Q4: The _ was established at Bretton Woods.
A)Global
Q5: When international transactions occur, _ is the
Q5: In the 1960s, the _ was the
Q8: Currencies of many _ are pegged (or
Q10: To an extent, the International Monetary Fund
Q11: In 1969, the IMF created _, which
Q17: All of the following are purposes of
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