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    Economics Study Set 7
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    Exam 7: an Introduction to the Foreign Exchange Market and the Balance of Payments
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    Currency and Bank Deposits That Are Denominated in Foreign Money
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Currency and Bank Deposits That Are Denominated in Foreign Money

Question 34

Question 34

Multiple Choice

Currency and bank deposits that are denominated in foreign money are called:


A) traveler's checks.
B) international fund.
C) foreign exchange.
D) real income.
E) hard money.

Correct Answer:

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