What would happen to the value of the dollar

Reference no: EM13516735

In addition to oil produces, China is also accumulating a large stock of dollars, currently estimated to 1.4 trilion. What would happen to the value of the dollar if China and oil producting nations all shifed out of the dollar-denominated assests at the sametimes? What would be the consequence for the U.S. economy?

Reference no: EM13516735

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