Special Drawing Rights are a. a reserve asset created by the International Monetary Fund that can be used to settle international payments. b. loans granted by the International Monetary Fund to countries that experience balance of payments problems. c. the term given for official reserves taken as a whole. d. financial assets held by the U.S. Treasury Department.
Special Drawing Rights are a. a reserve asset created by the International Monetary Fund that can be used to settle international payments. b. loans granted by the International Monetary Fund to countries that experience balance of payments problems. c. the term given for official reserves taken as a whole. d. financial assets held by the U.S. Treasury Department.
Chapter1: Making Economics Decisions
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Special Drawing Rights are
a. a reserve asset created by the International Monetary Fund that can be used to settle international payments.
b. loans granted by the International Monetary Fund to countries that experience balance of payments problems.
c. the term given for official reserves taken as a whole.
d. financial assets held by the U.S. Treasury Department.
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