All of the following are actions taken by the federal reserve (the fed) except:
a
serving as the bank of the united states
b
organizing international trade
c
selling, transferring, and redemming government bonds, bills, notes, and securities
d
issuing all u. s. currency for the u. s. treasury

b  Organizing international trade

Explanation:

The Federal Reserve is the United States central bank and it has several functions like: manage the money supply, help with the stability of the financial system and control the banks. According to this, serving as the bank of the United States, selling, transferring, and redemming government bonds, bills, notes, and securities and issuing all U.S. currency for the U.S. Treasury are actions taken by the Federal Reserve. So, the answer is organizing international trade.

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