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Elements of the dollar as an international currency And monopoly profits accruing to the United States of America | ||
| Iraqi Journal For Economic Sciences | ||
| Article 1, Volume 0, Issue 14, 2017, Pages 113-129 | ||
| Author | ||
| Khamis Mohamed Hassan | ||
| Abstract | ||
| Prevailed in the world in general at the level of the International Monetary Nkadian two basic components: The first - called the system the gold standard - started work since the beginning of the nineteenth century and adopted mainly in the settlement of trade exchanges international most of the world in the last quarter of the nineteenth century and continued until the beginning of World War I, enjoy the world in which the period of monetary stability then the economic boom until it became most writers called the nineteenth century (thanks to him) a century of stability and prosperity. II: - A system of exchange with gold - was introduced after the end of the First World War and is the foundation upon which the day the international monetary system today after he introduced a lot of development through international agreements and treaties is the most important treaty (Bretton Woods) in 1944, has been characterized by the stage of application a lot of monetary disorders even become monetary stability is the exception and whether or not the rule, and as a result of the twentieth century came to be known a century inflation | ||
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