International Business

1:

The value of SDR tends to be more stable than that of any single currency in the "Standard basket valuation" because

A.

It is internationally accepted measure

B.

It is a weighted average of the exchange rates of the five major currencies.

C.

Both (A) and (B)

D.

It is an imaginary currency.

 

Answer : B

Explanation :

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Option: A

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