Why might households and firms in a foreign country prefer to use U.S. dollars rather than their

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Why might households and firms in a foreign country prefer to use U.S. dollars rather than their own country’s currency in making transactions?

What advantages or disadvantages do foreign governments experience because of the U.S. dollar being used rather than the domestic currency?

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Money Banking And The Financial System International Edition

ISBN: 978-1292000183

2nd Edition

Authors: R. Glenn Hubbard ,Anthony P Obrien

Question Posted: Mar 15, 2024 12:00 AM

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Why might households and firms in a foreign country prefer to use U.S. dollars rather than their

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Money Banking And The Financial System International Edition

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