contestada

(ECONOMICS)
Question 1 of 20
Why did countries around the world value the U.S. dollar so highly in the mid-
20th century?
A. Most countries replaced their own currencies with the U.S. dollar.
B. Businesses were required to use U.S. dollars to buy foreign goods.
C. The U.S. government made the U.S. dollar the first fiat currency.
D. The U.S. dollar was tied to the United States' huge gold reserves.
SUBMIT

ECONOMICS Question 1 of 20 Why did countries around the world value the US dollar so highly in the mid 20th century A Most countries replaced their own currenci class=

Respuesta :

Answer:

D

Explanation:

The countries all around the world valued the US dollars so high that dollars were tied to the US having a huge gold reserve. Hence option D is correct.

What is the value of the US dollars?

The value of the US dollar remains the most highly pad currency and is valued more in terms of the rate of one dollar as the dollar rate is compared to those of the gold reserves. Thus is due to higher inflation and monetary values.

Find out more information about the U.S. dollar.

brainly.com/question/1797561

Otras preguntas