The Unloved Dollar Standard

The Unloved Dollar Standard
Author :
Publisher : Oxford University Press
Total Pages : 237
Release :
ISBN-10 : 9780199937004
ISBN-13 : 0199937001
Rating : 4/5 (04 Downloads)

Book Synopsis The Unloved Dollar Standard by : Ronald I. McKinnon

Download or read book The Unloved Dollar Standard written by Ronald I. McKinnon and published by Oxford University Press. This book was released on 2013-01-31 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: Th world dollar standard greatly facilitates international exchange. Since the Bretton Woods Agreement of 1945, the dollar has been the key currency for clearing international payments among banks, including government interventions to set exchange rates. IT is the dominant currency for invoicing trade in primary commodities and official exchange reserves.


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