The United States Sells Bonds That Are Denominated in Dollars

question 58

Multiple Choice

The United States sells bonds that are denominated in dollars in Europe. This is an example of a 

• A) foreign bond.
• B) Eurobond.
• C) micro bond.
• D) regulatory bond.

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Definitions:

U.S. Dollars

The official currency of the United States, widely used as a benchmark and reserve currency around the world.

Balance of Payments

A statement that summarizes an economy's transactions with the rest of the world for a specific time period.

Specific Accounts

Accounts designated for recording particular transactions or financial activities that have unique characteristics.

International Monetary Fund

An international organization designed to foster global monetary cooperation, secure financial stability, and facilitate international trade among its member countries.