Which of the Following Assets Was (Were) Created in 1970

question 48

Multiple Choice

Which of the following assets was (were) created in 1970 to provide additional international liquidity,in the belief that increasing world trade requires more liquidity for larger expected payments imbalances?

• A) Eurodollar market
• B) Special drawing rights
• C) Reciprocal currency arrangements
• D) General arrangements to borrow

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Definitions:

Hypotension

A condition characterized by abnormally low blood pressure, which can lead to symptoms like dizziness and fainting.

Stomatitis

Inflammation of the mouth and lips, which can cause soreness, ulcers, and swelling.

Gavage Feedings

The process of feeding a person through a tube inserted into the stomach or intestine, often used when someone cannot eat by mouth.