Postwar worlds key currency, International Economics

Assignment Help:

Q. Explain why the dollar of the United States became the postwar world's key currency.

Answer:

1. The untimely convertibility of the U.S dollar in 1945.

2. The special position of the dollar in the Bretton Woods system.

3. The potency of the American economy relative to the devastated economies of Europe and Japan.

4. Central banks logically found it advantageous to hold their international reserves in the form of interest-bearing dollar assets.


Related Discussions:- Postwar worlds key currency

Explain the characteristics of developing countries, Question: The Maur...

Question: The Mauritian experience of growth and development has been referred as an economic miracle. The island had successfully shifted from an agrarian

Differencial treatment, difference between differencial treatment in revers...

difference between differencial treatment in reverse andspecial and differencial treatment

What are the main aspects of economic life, Q. What are the main points of...

Q. What are the main points of economic life that macroeconomics analysis is most concerned with? Answer: There are four major aspects that are saving, unemployment, trade imb

Modern theory of trade, #question.explain me Hecksher OHLIN theory of inter...

#question.explain me Hecksher OHLIN theory of international trade in simple english

Economic situattion, what is the current economic situation in the world?

what is the current economic situation in the world?

What is an sdr, Q. What is an SDR? Answer: An SDR abbreviation ...

Q. What is an SDR? Answer: An SDR abbreviation of Special Drawing Right at the IMF and holds a place as a world reserve currency some countries especially those that do

International trade, why is international trade important for south africa

why is international trade important for south africa

International trade and policy, distinguish between net terms of trade and ...

distinguish between net terms of trade and gross terms of trade

Reciprocal demand, Offer curves with example and explabation

Offer curves with example and explabation

Why under fixed exchange rate is ineffective, Q. Explain why under fixed ex...

Q. Explain why under fixed exchange rate, monetary policy is ineffective whereas under floating exchange rate it is effective in rising output. Answer:  In floating by purchasi

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd