Multiple Choice
Which of the following supports China's argument for having the SDR become a reserve currency?
A) China has a very limited financial stake in dollar-denominated financial assets.
B) China runs a trade deficit with its largest trade partner.
C) China converts surplus dollars into Japanese yen and uses them to buy Japanese government securities.
D) None of these is correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q43: Unilateral transfers consist of private-sector transfers, such
Q44: Most economists believe that in the 1980s,
Q45: On the balance-of-payments statement, dividend and interest
Q46: According to researchers at the Federal Reserve,
Q47: A debit transaction would appear on the
Q49: Concerning the balance-of-payments, a current account deficit
Q50: Credit items on the U.S.balance-of-payments statement result
Q51: If the United States government sells military
Q52: The balance-of-payments refers to the stock of
Q53: U.S.military aid granted to foreign countries is