Which of the following statement(s) is/are TRUE? I. The US dollar, the XCD dollar and the British pound are the most popular reserve currencies II. The EMS was replaced by the Bretton Woods system III. India and Spain are full members of the G20 IV. The market forces influence the floating exchange rate O a. I, III and IV only O b. II only Ос. I and II only O d. IV only

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter29: International Finance
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Which of the following statement(s) is/are TRUE?
I. The US dollar, the XCD dollar and the British pound are the most popular reserve currencies
II. The EMS was replaced by the Bretton Woods system
III. India and Spain are full members of the G20
IV. The market forces influence the floating exchange rate
O a.
I, III and IV only
O b. II only
С.
I and II only
O d. IV only
Transcribed Image Text:Which of the following statement(s) is/are TRUE? I. The US dollar, the XCD dollar and the British pound are the most popular reserve currencies II. The EMS was replaced by the Bretton Woods system III. India and Spain are full members of the G20 IV. The market forces influence the floating exchange rate O a. I, III and IV only O b. II only С. I and II only O d. IV only
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