Which of the Following Helps to Determine a Currency's International

question 7

Multiple Choice

Which of the following helps to determine a currency's international role as the dominant reserve currency?

• A)amount of seigniorage
• B)policy goals of national monetary authorities
• C)size of the domestic economic activity relative to international trade
• D)All of the above

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Definitions:

Local Human Capital

The collective skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value to the local economy.

Attributes

Characteristics or features that can be associated with an object, person, or entity.

Company Specificity

Characteristics or practices specific to a particular company, not applicable to the industry or sector at large.

Location Specificity

Refers to the unique attributes and characteristics of a particular geographical location that affect businesses, strategies, and operations.