Economics · Money and Banking
In international economics, what is meant by a 'Hard Currency'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A currency minted only in the form of physical metal coins
- 2A currency issued exclusively for government transactions
- 3A widely accepted currency that is difficult to acquire due to high demand and stability✓
- 4A currency that is easily accessible in abundance
Correct answer
A widely accepted currency that is difficult to acquire due to high demand and stability
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