Question: . NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE At one time, the United States Dollar (US$) was the undisputed leader in the conduct

NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE

At one time, the United States Dollar (US$) was the undisputed leader in the conduct of international business transactions. In your opinion, which currency will be the main reserve for international transactions in the future? Please provide a rationale for your choice.

In addition what are the differences among a spot contract, a forward contract, and a futures contract? Why are they important? When are they initiated?

Subsequently how can this affect the currency markets and the currency to be chosen for main reserves?

COPY AND PASTE Answer in paragraph form, and no picture attachment please. No bullet points

ANSWER THROUGHLY 1 page

*************NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE************

PLEASE ANSWER THROUGHLY ALL ANSWERS

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