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5 years ago
International reserves are
A) assets denominated in a foreign currency and used in international transactions.
B) reserves the Fed requires banks to hold against Eurodollar deposits.
C) reserves the International Monetary Fund requires banks to hold if they wish to participate in the market for foreign exchange.
D) central bank holdings of gold.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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vehmeinvehmein
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emoji Author
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5 years ago
Helped a lot
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Yesterday
Good timing, thanks!
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2 hours ago
Smart ... Thanks!
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