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Select the correct option of the following statements being correct or...

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Business Environment and International Business
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Select the correct option of the following statements being correct or incorrect.
Statement (I): International liquidity encompasses the international reserves only.
Statement (II): International liquidity covers only official holdings of gold, foreign exchange, SDRs and reserve position in the IMF available for the settlement of the international transactions.

Answer & Solution
Correct Answer: Option D
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