Why Is US Dollar $ Accepted All Over The World? Can you answer?
Don't You Think?
- US Dollar is Accepted all over the world may be because US is the most powerful Country in the world , Financially and Economically In Arms and ammunations etc. It also Has Great Political Structure. There is no correption.
Do you think this can be the reason?
Sometimes I feel Usa has Spreaded US Dollar all over the world by purchasing some or the other products from other country.
If you have Best Reason Send me.
Dollar is shit like all fiat currencies, and all that US bullshit sorry but not true. Besides most currencies can be exchanged for the local currency dollar is not special, and is not accepted everywhere.
Dollar is accepted every where dear. Every foreign trade is done in terms of Us dollar.. why so?
I dare you to take a tour thru europe and tell me a single fucking establishment that is no bank or exchange that accept dollars. In some places may change your dollars at a convenient rate for them but it happens with most currencies. Eitherway fiat is wrong and it should die.I still don't know what trades you are speaking about.
I am talking about import and export.
You can ask for any product from china about cost , They will give you price in terms of usd.
Yes but afterwards you can convert but why all should Quote price in terms of USD
Because it's probably the currency you use? It just depends what the company accepts.
Usa is super power country from begining and it has all resources and best technology which no other country has. The one who is powerfull rules all over .
Yes this may be true
The real reason is oil
http://www.investopedia.com/terms/b/brettonwoodsagreement.asp
Just because of oil ??? OMG.
I guess , Fighting with Iraq is also the reason of oil