Correct answer choices are :
A store currency is a currency that is held in important measures by governments and organizations as part of their foreign exchange resources. The store currency is generally used in international affairs, international finances and all features of the global economy.
The factors that would strengthen the demand for a nation's currency are stability of government, victory in war , low unemployment rates and high gross domestic product. OPTION B, C, D, and F are consistent with the question.
Currency is the denomination of the money of any country. Every country has its own distinct denomination in currency. The currency is used to perform all the monetary transaction in the nation.
The stability of government directs towards a stable economy and will increase the demand for the currency.
Victory in war will result in more power and more resources which eventually leads to an increase in demand of the nation's currency.
High GDP itself suggest that the nation's economy is very sound and their is always a demand for the currency of a sound economy.
Low unemployment rates means very few people are unemployed and the rest of the population is employed and is contributing to the GDP.
Therefore the factors that would strengthen the demand for a nation's currency are stability of government, victory in war , low unemployment rates and high gross domestic product. OPTION B, C, D, and F are consistent with the question.
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