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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
International Trade: Traditional Theory, Current Research, and Practical Application: The Owner's Manual for Capital Accumulation

International Trade: Traditional Theory, Current Research, and Practical Application: The Owner's Manual for Capital Accumulation

Paperback

Business General

Publisher Price: $15.95

ISBN10: 1450203590
ISBN13: 9781450203593
Publisher: Authorhouse
Published: Jan 22 2010
Pages: 152
Weight: 0.35
Height: 0.33 Width: 5.00 Depth: 8.00
Language: English
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.

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Business General