Which of the Following Is Not Considered an "Owned" Reserve

question 42

Multiple Choice

Which of the following is not considered an "owned" reserve?

• A) National currencies
• B) Gold
• C) Special drawing rights
• D) Oil facility

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Definitions:

World Trade Organization

An international organization established in 1995 to regulate international trade, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

Modernization Theory

A theory that argues that societies progress linearly from traditional to modern states and that economic development brings about positive social and cultural changes.

European Hegemony

Describes the period or condition where European powers dominated world politics, economics, and culture, often through colonization and imperialism.

Cold War

The period of geopolitical tension between the Soviet Union and the United States and their respective allies, from the end of World War II until the dissolution of the Soviet Union in 1991.