| International Trade: Traditional Theory, Current Research, and Practical Application: The Owner's Manual for Capital Accumulation Contributor(s): Nicholas Jewczyn (Author) |
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ISBN: 1450203590 ISBN-13: 9781450203593 Publisher: iUniverse OUR PRICE: $14.36 Product Type: Paperback Published: January 2010 |
| Additional Information |
| BISAC Categories: - Business & Economics | Development - Business Development |
| Physical Information: 0.33" H x 5" W x 8" (0.35 lbs) 152 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: There were basic reasons for the promotion of the U.S. dollar as petroleum currency world-wide. Since the foreign powers that purchased petroleum, just like the United States, needed money to spend, it was in the interest of American interests abroad, to have those purchases made with U.S. dollars. In this way, when foreign nations were looking for venues for capital investment, the money would return home to American interests. The main reason was that when the U.S. dollars returned to America, that capital would then be invested in American investment interests. |
