The Following Are Examples of Degrees of Internationalization of an International

question 61

Multiple Choice

The following are examples of degrees of internationalization of an international currency EXCEPT:

• A) First degree of internationalization is when an international currency becomes readily accessible for trade.
• B) A second degree of internationalization is when an international currency is used for international investment.
• C) A third degree of internationalization is when an international currency is used for international investment.
• D) A third degree of internationalization is when an international currency takes the role of a reserve currency.

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Definitions:

Scheduled To Be Paid

Refers to payments that are planned and outlined to be made on specific dates as per a payment agreement or schedule.

Invested

The process of distributing funds with the aim of earning returns or profits.

Payment Stream

A series of payments made over time, such as monthly mortgage or loan payments, or regular investment contributions.

Equivalent

Items or quantities that are equal in value, function, or meaning.