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Why is there so much focus on the US$ in the global monetary system? Select the correct answer The US$ has traditionally been unstable, which
Why is there so much focus on the US$ in the global monetary system? Select the correct answer The US$ has traditionally been unstable, which affects the global market. US$-denominated assets are not traded, so provide more stability in the market. Ninety percent of all foreign exchange transactions involve US$ The majority of foreign exchange reserves are hold in other countries, so the US must control the US$
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