Which of the following is the reserve currency used by the IMF?

A. Ven
B. Special Drawing Right (SDR)
C. European Currency Unit (ECU)
D. World Currency Unit (Wocu)

Ans: B. Special Drawing Right (SDR)

Business

You might also like to view...

Campbell's soup has been promoted with television commercials, radio spots, newspaper coupons, and magazine advertisements. In the communication process, these media served as which of the following for transmitting the message?

a. encoders b. channels c. decoders d. senders

Business

What are some of the distinguishing characteristics of fraud perpetrators?

What will be an ideal response?

Business