The Demand for Dollars Is Much Stronger Than Any Other

question 14

Multiple Choice

The demand for dollars is much stronger than any other currency because:

• A) the dollar is the common transaction currency involving both US.imports and US.exports.
• B) supply of the US.dollar is significantly higher than other currencies.
• C) the price of the dollar is much lower compared to the currencies of other countries.
• D) the US dollar is nonconvertible in other countries.

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Definitions:

Explanation

The act of making something clear or understandable by describing or presenting it in detail.

Substitution

In chemistry, a reaction where one atom or a group of atoms in a molecule is replaced by another atom or group of atoms.

Elimination

A chemical reaction in which two atoms or groups are removed from a molecule, typically resulting in the formation of a double bond.

Organic Product

A substance that has been derived from living matter, or chemically synthesized to mimic compounds produced by living organisms.