Which of the following is referred to as international currency because it is regarded as acceptable for the settlement of international debts?

Related MCQs

• The price at which one currency is exchanged for another currency is known as:
• Pegging up of a currency means, fixing the value of a currency -
• The lowering of the value of a currency in the international market or against specific other currencies, which makes exports cheaper and imports expensive is called:
• The declaration by a court of law that a company or individual is insolvent, i.e., it cannot pay its debts on the due dates is known as
• Which of the following is regarded as a liability by choosing banks?
• The stocks of gold and foreign currencies held by a country to finance any calls that may be made from its creditors for the debt settlement are known as
• Which of the following European country has not adopted Europe currency?
• Which of the following countries first introduced paper currency in the world?
• Which British philosopher and economist is regarded as “founder of modern Economics”?
• Knowledge, technical skill, education etc. in economics, are regarded as -