Question: Discuss how the international monetary system faces challenges by these imposed sanctions on the official reserves of Russia for its Ukraine invasion. Will other countries

Discuss how the international monetary system faces challenges by these imposed sanctions on the official reserves of Russia for its Ukraine invasion. Will other countries discontinue placing their official reserves abroad, and what alternatives do they have. Discuss the challenges international trade and finance faces, as countries attempt to circumvent sanctions by engaging in non-US dollar denominated transactions.

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