Author Question: Which of the following is the world's reserve currency? a. Euro b. Dollar c. Yen d. Pound e. ... (Read 74 times)

lracut11 · **on:** Sep 3, 2018

Which of the following is the world's reserve currency?

a. Euro
b. Dollar
c. Yen
d. Pound
e. Renminbi

Question 2

Dollar convertibility refers to

a. the ability to exchange dollars for any other currency.
b. the ability to convert dollars to commodities such as exported goods.
c. the ability of the World Bank to devalue the dollar.
d. the pricing of a barrel of oil in U.S. dollars.
e. the U.S. commitment to exchange gold for dollars.