A Significant Benefit of Having the World Reserve Currency Is

question 3

Multiple Choice

A significant benefit of having the world reserve currency is:

• A) The status and prestige that comes with it
• B) Avoiding transactions costs when importing and exporting goods and services
• C) More media attention
• D) More countries wishing to make political agreements with your country

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Definitions:

Autonomy Needs

The psychological requirement for personal independence and self-determination.

Chain Migration

A term used to describe the social process by which immigrants from a particular town follow others from that town to a particular city or neighborhood, whether in the same country or abroad.

Internet Daily

The regular usage of the internet on a daily basis for various activities such as communication, work, education, and entertainment.

Adults

Individuals who have reached a specific age or maturity level, typically recognized as having attained the full growth and development of their physical, mental, and emotional capacities.