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PLEASE ANSWER THESE QUESTIONS. THANK YOU X The US Dollar is a reserve currency. What is meant by this term? Please explain in one paragraph

PLEASE ANSWER THESE QUESTIONS. THANK YOU X

The US Dollar is a "reserve currency". What is meant by this term? Please explain in one paragraph in your own words.

If a country runs a trade surplus for years and follows what is called a "floating exchange rate"what happens to the value of its currency versus other currencies?

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