Select the correct code for the term ‘hard currency’:
1. Currency of the economy with huge current account surplus.
2. Currency of the economy having high technology exports, which are compulsory imports for most of the world economies.
3. The currency, which is given such a nomenclature by the IMF.
- Only 2 and 3
- Only 1 and 3
- All of the above
- Only 1 and 2