Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which one of the following is not among the characteristics of an economy whose currency is considered a global reserve currency? A. a large economy
Which one of the following is not among the characteristics of an economy whose currency is considered a global reserve currency?
A. | a large economy | |
B. | prudent macroeconomic management and stable macroeconomic conditions | |
C. | open capital account (i.e. country has no restrictions on capital flows) | |
D. | strong institutions and advanced money and capital markets | |
E. | The largest percentage of GDP is produced by manufacturing sector |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started