Which of these is NOT a form of standing wealth?
Correct answer: A. hard currency reserves
- A. hard currency reserves
- B. homes
- C. factories
- D. None of these answers is correctTry Prep Courses
Explanation
Standing wealth refers to relatively fixed physical assets such as homes and factories, whereas hard-currency reserves are liquid financial holdings. Thus hard-currency reserves are the item that does not fit this category.
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Practise International Political Economy
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