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Which of the Following Supports China's Argument for Having the SDR

Question 64

Multiple Choice

Which of the following supports China's argument for having the SDR become a reserve currency?


A) China has a very limited financial stake in dollar-denominated financial assets.
B) China runs a trade deficit with its largest trade partner.
C) China converts surplus dollars into Japanese yen and uses them to buy Japanese government securities.
D) None of these is correct.

Correct Answer:

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