The US Dollar and the International Politics
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概要
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The role of the US Dollar in international trade is due to a very special factor. USA is the only country that can buy anything from any other countries just by printing its own money or Dollar is a fiat currency. Due to that characteristic, the world economy is having a specific problem: accumulations of Dollars in a number of developing countries, because US cannot pay for its import in terms of gold or in any other currency. The special status of Dollar depends on the nature of international trade in petroleum, without which this special status cannot be maintained.
- 長崎大学の論文
- 2006-02-24
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