Examlex
Which of the following powers do state governments NOT have?
Demand for Dollars
Refers to the global desire or need for U.S. currency, driven by its use in international trade, investment, and as a reserve currency.
Balance of Payments Surplus
A situation where the total of the payments received from abroad exceeds the total of the payments made to abroad.
FX Reserves
Short for foreign exchange reserves; assets held on reserve by a central bank in foreign currencies, used to back liabilities on their own issued currency as well as to influence monetary policy.
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