Essay Database
US Dollar Domination Has To Go.
Date Submitted: 06/27/2001 12:28:34
Category: / Business & Economy / Economics
Length: 8 pages (2102 words)
Category: / Business & Economy / Economics
Length: 8 pages (2102 words)
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 …
Is this Essay helpful? Join now to read this particular paper
and access over 800,000 just like this GET BETTER GRADES
and access over 800,000 just like this GET BETTER GRADES
…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
Need a custom written paper? Let our professional writers save your time.
Need an original paper?
