Why are SDRs often referred to as paper gold? What role do they play in the current

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Why are SDRs often referred to as “paper gold”? What role do they play in the current system?

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International Economics

ISBN: 9780078021671

8th Edition

Authors: Dennis Appleyard, Alfred Field

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Question Posted: Dec 02, 2015 04:33 AM

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Why are SDRs often referred to as paper gold? What role do they play in the current

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An SDR is like gold an internationally acceptable reserve asset that is not simultaneously ...View the full answer

International Economics

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