What is the main reason the US dollar remains the world reserve currency?
Lew Sees No Alternative to Dollar as Reserve Currency

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The US has the largest economy in the world.
There are no immediate alternatives like the euro or yen.
The US has the most advanced technology.
The US has the strongest military.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the benefits the US enjoys due to the dollar's status as the world reserve currency?
Access to exclusive trade agreements
Ability to impose sanctions effectively
Higher interest rates on bonds
Lower inflation rates
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it risky to accelerate the shift away from the US dollar as the world reserve currency?
It would strengthen the euro.
It would decrease US exports.
It would increase US inflation rates.
It could lead to global economic instability.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is China's current stance on the RMB becoming a world reserve currency?
China wants the RMB to be fully convertible immediately.
China is not interested in the RMB being a reserve currency.
China wants the RMB to be part of the IMF's special drawing rights but not fully convertible.
China has no plans for the RMB to be a reserve currency.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are China and Europe discussing in terms of currency alternatives?
Creating a new joint currency
Using gold as a standard for trade
Developing alternatives to settling in dollars
Adopting the US dollar as their main currency
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