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expand on the following statement The role of the U.S. dollar as the primary reserve currency underpins its influence in global markets, reinforcing the spread
expand on the following statement "The role of the U.S. dollar as the primary reserve currency underpins its influence in global markets, reinforcing the spread of capitalist practices. Its dominance in international trade and finance ensures the widespread use of the dollar, aligning global economic activities with American economic interests and policies (Gulyaeva, 2014). This monetary influence is a crucial tool through which the United States has extended its economic ideologies globally
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