Why USD considered to be a world class currency and dealt with globally instead of Russian ruble or Chinese Renminbi or Euro ? Which factor makes it so reliable?
Why USD considered to be a world class currency and dealt with globally instead of Russian ruble or Chinese Renminbi or Euro ? Which factor makes it so reliable?
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter14: Money And Banking
Section: Chapter Questions
Problem 15AA
Related questions
Question
100%
Why USD considered to be a world class currency and dealt with globally instead of Russian ruble or Chinese Renminbi or Euro ? Which factor makes it so reliable?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Economics Today and Tomorrow, Student Edition
Economics
ISBN:
9780078747663
Author:
McGraw-Hill
Publisher:
Glencoe/McGraw-Hill School Pub Co
Economics Today and Tomorrow, Student Edition
Economics
ISBN:
9780078747663
Author:
McGraw-Hill
Publisher:
Glencoe/McGraw-Hill School Pub Co