Examlex
Regarding correlations,which of the following statements is FALSE?
U.S. Dollar
The official currency of the United States, widely used as a benchmark and reserve currency globally.
Trade Deficit
A situation where a country's imports exceed its exports, resulting in a negative balance of trade.
Dollar Denominated Bonds
Bonds issued in the United States that are payable in U.S. dollars, irrespective of the issuer's nationality.
Eurobonds
Bonds issued in a currency other than the home currency of the country or market in which it is issued, often used by companies to raise capital in international markets.
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