The US Dollar Is the Most Heavily Traded Currency on the the Foreign

Multiple Choice

The U.S. dollar is the most heavily traded currency on the foreign exchange market for all of the following reasons EXCEPT:

A) it is a major component of international reserves
B) it is used to settle international transactions
C) the sheer size of the U.S. financial markets
D) the U.S. is the largest consumer of oil which is priced in U.S. dollar