Which of the Following Statements Is True About a Vehicle

question 58

Multiple Choice

Which of the following statements is true about a vehicle currency?

• A) It is widely used to denominate contracts made by parties who reside in the country that issues the vehicle currency.
• B) The dollar is sometimes called a vehicle currency because of its pivotal role in many foreign exchange deals.
• C) There is much skepticism that the euro will ever evolve into a vehicle currency on par with the dollar.
• D) The pound sterling, once second only to the dollar as a key international currency, is beginning to rise in importance.
• E) Vehicle currencies include nondeliverable currencies like the renminbi.

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Definitions:

Prolactin

A hormone produced by the pituitary gland that stimulates milk production in breastfeeding women and affects other bodily functions.

Oxytocin

A hormone and neurotransmitter involved in childbirth and lactation, also known as the "love hormone" for its role in facilitating social bonding and trust.

Third Ventricle

A narrow fluid-filled cavity located in the middle of the brain, part of the ventricular system involved in the production and circulation of cerebrospinal fluid.

Hypopituitarism

A rare disorder in which the pituitary gland fails to produce one or more of its hormones, or not enough of them.