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Special Drawing Rights: Multiple Choice All of the options. is a weighted basket of currencies currently...

Special Drawing Rights:

Multiple Choice

  • All of the options.

  • is a weighted basket of currencies currently comprised of the U.S. dollar, euro, Chinese yuan, Japanese yen, and British pound.

  • tends to be more stable than the value of its individual components.

  • was created by the IMF to partially relieve pressure on the USD as a reserve currency.

  • is an artificial international reserve asset that can be used to conduct transactions between members of the IMF, or transactions with the IMF.

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Answer #1

SDR is weighted of all the given currencies, tends to be stable, was created to relieve pressure on USD and gold and is also an artificial international reserve asset.

The answer is a) All of the options.

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