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RE: Why Is US Dollar $ Accepted All Over The World? Can you answer?
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.