When a Nation Joins the IMF, It Deposits Funds into an Account

question 177

Multiple Choice

When a nation joins the IMF, it deposits funds into an account. These funds have a value based on a weighted average of

• A) the euro, the British pound sterling, the Japanese yen, and the U.S. dollar.
• B) the euro, the British pound sterling, the Chinese yuan, and the U.S. dollar.
• C) the Russian ruble, the British pound sterling, the Japanese yen, and the U.S. dollar.
• D) the Russian ruble, the British pound sterling, the Chinese yuan, and the U.S. dollar.

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