The ________ Is an IMF Asset Whose Value Is Based

question 17

Multiple Choice

The ________ is an IMF asset whose value is based on a weighted basket of four currencies,including the U.S.dollar,European Union euro,Japanese yen,and British pound.

• A) special drawing right
• B) gold standard
• C) Eurobond
• D) currency board

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Definitions:

Agricultural Revolution

Refers to significant changes in agricultural practices that resulted in increased crop production, historically marked by innovations like crop rotation, the plow, and the selective breeding of livestock.

Technological Advances

Progressive developments and innovations in technology that enhance efficiency, capabilities, and various aspects of life.

Ranching

The business of raising livestock, such as cattle or sheep, on large tracts of land.

Mining

The process or industry of extracting minerals, coal, or other geological materials from the earth, typically from an ore body, lode, vein, seam, or reef.