Economy, asked by Anonymous, 1 year ago

why all big deals in between to countries happen in dollars?

Answers

Answered by Ameykale
1
 Money is only valuable if it is acceptable. In Asia, almost 80-85% foreign trade is billed in dollars. Dollar is used by even those countries which do not recognise it as their currency all over the world. US Dollar is used as a currency because it is accepted, however we will try to uncover the reasons for this wide acceptance.

Ameykale: its ok
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