The Unloved Dollar Standard

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  • The Unloved Dollar Standard Book Detail

  • Author : Ronald I. McKinnon
  • Release Date : 2013
  • Publisher : Oxford University Press
  • Genre : Business & Economics
  • Pages : 237
  • ISBN 13 : 0199937001
  • File Size : 16,16 MB

The Unloved Dollar Standard by Ronald I. McKinnon PDF Summary

Book Description: 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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