Currently, international reserve assets in the Balance of Payments of countries are comprised of:a. Reserve positions in the International Monetary Fund (IMF), only.O b. Gold, platinum, foreign exchanges, and special drawing rights (SDR$).Oc. Gold, foreign exchanges, special drawing rights (SDRS), and reserve positions in the international Monetary Fund (IMF).Od. Gold, diamonds, foreign exchanges, and special drawing rights (SDRS).

Following are the international reserve assets in the BOP of countries accounts:

Currently, international reserve assets in the Balance of Payments of countries are comprised of: O a. Reserve positions in the International Monetary Fund (IMF), only. b. Gold, platinum, foreign exchanges, and special drawing rights (SDRS). O. Gold, foreign exchanges, special drawing rights (SDRS), and reserve positions in the international Monetary Fund (IMF). Od. Gold, diamonds, foreign exchanges, and special drawing rights (SDRS).

Currently, international reserve assets in the Balance of Payments of countries are comprised of: O a. Reserve positions in the International Monetary Fund (IMF), only. b. Gold, platinum, foreign exchanges, and special drawing rights (SDRS). O. Gold, foreign exchanges, special drawing rights (SDRS), and reserve positions in the international Monetary Fund (IMF). Od. Gold, diamonds, foreign exchanges, and special drawing rights (SDRS).

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

ChapterP3: Part 3: Exchange Rate Risk Management

Section: Chapter Questions

Problem 1Q

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