Why might households and firms in a foreign country prefer to use U.S. dollars rather than their
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Why might households and firms in a foreign country prefer to use U.S. dollars rather than their own country’s currency in making transactions?
What advantages or disadvantages do foreign governments experience because of the U.S. dollar being used rather than the domestic currency?
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Advantages of Using US Dollars for Transactions Stability The US dollar is considered one of the most stable and widely accepted currencies in the wor...View the full answer
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Related Book For
Money Banking And The Financial System International Edition
ISBN: 978-1292000183
2nd Edition
Authors: R. Glenn Hubbard ,Anthony P Obrien
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