Question: The Term Paper Gold Is Associated With?
a. Deficit budgeting
b. Special drawing rights of IMF
c. Special facility of World Bank
d. Gold standard
Show Answer
Special drawing rights of IMF
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The term “Paper Gold” is associated with Special Drawing Rights (SDRs) in international finance. Introduced by the International Monetary Fund (IMF), SDRs act as a supplementary international reserve asset, representing potential claims on the currencies of IMF member countries.