The Unloved Dollar Standard
Download or Read eBook The Unloved Dollar Standard PDF 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.
| Author | : Ronald I. McKinnon |
| Publisher | : Oxford University Press |
| Total Pages | : 237 |
| Release | : 2013-01-31 |
| ISBN-10 | : 9780199937004 |
| ISBN-13 | : 0199937001 |
| Rating | : 4/5 (04 Downloads) |
Book Synopsis The Unloved Dollar Standard by : Ronald I. McKinnon
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.
