reserve currency - 2024 ARCADIA

Question

The Swiss franc and Canadian dollar are among the eight currencies with this status recognized by the IMF. For 10 points each:

[10m] Name this status of currencies held by foreign central banks to conduct international trade and investments and to remain liquid in times of financial crisis.

ANSWER: reserve currency [prompt on hard currency, strong currency, or safe-haven currency]

[10h] By the Triffin dilemma, any country whose currency is a global reserve currency will incur a negative value of this quantity, since its currency will become more expensive. Along with net international investment position, this quantity makes up a country’s current account.

ANSWER: balance of trade [or trade balance; prompt on trade surplus or trade deficit]

[10e] This economist proposed a global reserve currency called the “Bancor” at Bretton Woods. This British economist wrote A General Theory of Employment, Interest, and Money.

ANSWER: John Maynard Keynes (“canes”)

<VD, Social Science>

Back to bonuses

Summary


2024 ARCADIA at BU	2024-12-06	Y	8	13.75	88%	50%	0%
2024 ARCADIA at Duke	2024-12-06	Y	3	16.67	100%	67%	0%
2024 ARCADIA at Missouri S&T	2024-12-06	Y	1	10.00	100%	0%	0%
2024 ARCADIA Online	2025-05-17	Y	5	12.00	100%	20%	0%
2024 ARCADIA at Penn State	2024-12-06	Y	2	20.00	100%	100%	0%
2024 ARCADIA at Florida Tech	2024-12-06	Y	4	12.50	75%	50%	0%
2024 ARCADIA at UC Berkeley	2024-12-06	Y	2	20.00	100%	100%	0%
2024 ARCADIA at Waterloo	2024-11-09	Y	6	21.67	100%	83%	33%
2024 ARCADIA at GT	2024-12-06	Y	4	10.00	75%	25%	0%
2024 ARCADIA at Illinois	2024-11-09	Y	4	20.00	100%	75%	25%
2024 ARCADIA at Warwick	2024-12-06	Y	5	20.00	100%	60%	40%
2024 ARCADIA at Claremont	2024-11-02	Y	3	20.00	100%	67%	33%

Data


Virginia Tech A	South Carolina	10	0	10	20
Virginia Tech B	North Carolina A	0	0	10	10
Virginia Tech C	North Carolina B	10	0	10	20
Missouri	WashU	0	0	10	10
Georgia Tech D	Innovation Academy A	0	0	10	10
Innovation Academy B	Johns Creek	10	0	10	20
Georgia Tech A	Lambert	0	0	10	10
Innovation Academy C	Milton	0	0	0	0
Boston University	Amherst	10	0	0	10
Boston College A	Bowdoin C	0	0	10	10
Brandeis B	Boston College B	0	0	10	10
MIT	Bowdoin B	0	0	10	10
Tufts B	Clark House	0	0	10	10
Harvard	Clark Wilson	10	0	10	20
Bowdoin A	Tufts A	10	0	10	20
Brandeis A	Yale	10	0	10	20
Berkeley A	Berkeley Past	10	0	10	20
Stanford	Berkeley B	10	0	10	20
Waterloo Aspidistra	Carleton A	10	0	10	20
Toronto B	Ottawa Absolomabsolomabsolom	10	10	10	30
Toronto A	Toronto Metropolitan A	10	10	10	30
Toronto Chestnut Rice and Kamehameha	McMaster ApocolocyntosisBidii	10	0	10	20
McGill A	Toronto Disband the Club 2k24	0	0	10	10
Waterloo Basic	Waterloo Cloze	10	0	10	20
SGV Ventures	Anderson et al.	10	10	10	30
ALCU	Claremont	10	0	10	20
U[C]SD	Jason et al.	0	0	10	10
In the Mood for Buzz	Madmen and Specialists	10	0	10	20
Old and Young	Social credit go vroom	0	0	10	10
Paddington in Peru (2024)	ASU->Stanford->ASU pipeline	0	0	10	10
she limp on my waltz till i feel pathetique	Toyota Tundra Turbos — Twisting Truths - Tackling Trivia - Taming Titans	0	0	10	10
bingy academy	The cult of SGA	0	0	10	10
RIT	Penn State	10	0	10	20
Maryland	Pitt	10	0	10	20
Florida Tech	UF C	0	0	0	0
UCF A	UCF B	10	0	10	20
UF B	Valencia	0	0	10	10
UF A	USF	10	0	10	20
Notre Dame	Chicago B	10	10	10	30
Chicago A	Illinois Blue	10	0	10	20
Purdue B	Illinois Orange	0	0	10	10
Purdue A	SIUE	10	0	10	20
Cambridge A	Bristol	10	10	10	30
Cambridge B	Southampton	10	0	10	20
Warwick A	Imperial B	0	0	10	10
Imperial A	Warwick B	0	0	10	10
LSE B	Warwick C	10	10	10	30