Why the U.S. Dollar Dominates Global Trade 🌍

Discover how nearly 90% of international transactions rely on the U.S. dollar, granting the U.S. unparalleled influence over global commerce. Learn what this means for the world economy.

The Wall Street Journal878.2K views4:16

About this video

Nearly 90% of international transactions in 2019 were in U.S. dollars, giving the U.S. extraordinary power over nearly every entity that imports or exports anything anywhere. Here’s how the global economy runs on the U.S. dollar -- and why some countries are trying to chip away at its dominance.

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878.2K

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16.9K

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Duration
4:16

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Published
Jan 22, 2020

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hd

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