Question

A. The idea for a national currency makes about as much sense nowadays as having own airlines or nationalized banks.
B. Even a few years ago, a country voluntarily giving up its own currency in favour of the dollar or euro was politically and socially disgraceful
C. They are nice as symbols but are not an absolute necessity in this age of globalisation.
D. Economies around the world have always considered their respective currencies to be their national pride.
DBAC
BDAC
ACDB
BDCA
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Answer 1

Answer:

Ans is option A) DBAC

correct ans for sure

Answer 2

Answer:

DBAC

Explanation:

• The national currency is the legal tender issued by the country's central bank or monetary authorities. This is usually the primary medium of exchange for purchasing goods and services. In the United States, the dollar is the main form of currency backed by the full trust and credit of the government and the Federal Reserve. Major currency bases such as the dollar, pound can also play an important role in other parts of the world. For example, commodity prices are displayed in US dollars (USD), even if they are traded in countries other than the United States. In addition, some countries may lock their local currency to the US dollar in order to meet inflation  expectations and maintain a stable monetary policy regime.
• The currencies of countries such as the US dollar, euro and Japanese yen (JPY) are considered to be the  most widely used currencies in the world. They have a global position as a reliable reserve currency with minimal risk of collapse. Therefore, most foreign transactions are conducted in one of  three currencies.

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