Which of the Following BEST Describes the Special Drawing Right

question 42

Multiple Choice

Which of the following BEST describes the special drawing right?

• A)an international reserve asset created to supplement members' existing reserve assets
• B)the official currency for international trade established by the World Bank
• C)a substitute for the fixed value of gold as determined by currency rates
• D)a contribution made by countries to join the IMF

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Definitions:

Industrial Distributors

Companies that specialize in distributing products and supplies to businesses, institutions, and industries rather than to individual consumers.

Consumer Products

Goods and services that are bought by individuals for personal use.

Marketing Channel

The pathways or routes through which goods and services flow from the producer to the consumer.

Advertising Media

The communication platforms used to promote and market products or services to target consumers.