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US Dollar Domination Has To Go.
Title: US Dollar Domination Has To Go.
Category: Business & Economy / Economics
Details: Words: 2209 | Pages: 9.4 (approximately 235 words/page)
US Dollar Domination Has To Go.
US Dollar Domination Has To Go
There is an economics-textbook myth that foreign-exchange rates are determined by supply and demand based on market fundamentals. Economics tends to dismiss socio-political factors that shape market fundamentals that affect supply and demand. The current international finance architecture is based on the United States' dollar as the dominant reserve currency. According to the Bureau of Public Debt "it accounts for 68 percent of global currency reserves, up from 51 percent a …showed first 75 words of 2209 total…
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…showed last 75 words of 2209 total…http://consise.britannica.com/ebc/article?eu=393501
Johns, Dow. Growth Rate Average For Decade 1990. Hartenell College Library, Salinas. September 1, 2003. http://www.djindexs.com/jsp/avedecades.jsp?decade=1990
Liu, Henry. "Dominate U.S. Dollar." Asia Times. April 11, 2002: ProQuest National Newspapers. ProQuest. Salinas. September 1, 2003 http://proquest.umi.com
Stanley, Morgan. Rate Of Growth, 1990-1999. Hartenell College Library, Salinas. September 2, 2003. http://MorganStanley.com
Wikipedia. Fiat Rate, Dollar Hegemony, Laissez. Fair. January 2001. Hartenell College Library, Salinas. August 30, 2003. http://wikipedia.org
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