What Is the International Transaction Currency

question 73

Multiple Choice

What is the international transaction currency?

• A)During any period, the currency of choice in settling international transactions
• B)Currently, a weighted combination of the dollar, pound, yen, and euro
• C)The gold coins of any country
• D)A special currency issued by the International Monetary Fund for use in settling international transactions

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Definitions:

Alternate Form Reliability

A measure of consistency where different versions of a test produce similar results, indicating the test’s reliability over time.

Concurrent Validity

A measure of how well a particular test correlates with a previously validated measure taken at the same time.

Construct Validity

The extent to which a test or measurement tool accurately measures the theoretical construct it is intended to measure.

Content Validity

The extent to which a test measures all aspects of the concept it intends to measure.