The Following Are Examples of Degrees of Internationalization of an International

question 61

Multiple Choice

The following are examples of degrees of internationalization of an international currency EXCEPT:

• A) First degree of internationalization is when an international currency becomes readily accessible for trade.
• B) A second degree of internationalization is when an international currency is used for international investment.
• C) A third degree of internationalization is when an international currency is used for international investment.
• D) A third degree of internationalization is when an international currency takes the role of a reserve currency.

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Definitions:

Television

An electronic system of transmitting moving images and sound from a source to a screen, used for broadcasting visual content to the public.

Spy Plane

An aircraft used for gathering intelligence, typically equipped with advanced surveillance technology to monitor enemy activity.

Soviet Union

A federal socialist state in Eurasia that existed from 1922 to 1991, officially known as the Union of Soviet Socialist Republics (USSR), and was a dominant world power during most of its existence.

Kitchen Debate

A series of impromptu exchanges between U.S. Vice President Richard Nixon and Soviet Premier Nikita Khrushchev in 1959, focusing on the merits of capitalism versus communism, famously occurring beside a model kitchen.