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 Journal
878.2K views • Jan 22, 2020
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.
More from the Wall Street Journal:
Visit WSJ.com: http://www.wsj.com
Visit the WSJ Video Center: https://wsj.com/video
On Facebook: https://www.facebook.com/pg/wsj/videos/
On Twitter: https://twitter.com/WSJ
On Snapchat: https://on.wsj.com/2ratjSM
#WSJ #Economy #Trade
More from the Wall Street Journal:
Visit WSJ.com: http://www.wsj.com
Visit the WSJ Video Center: https://wsj.com/video
On Facebook: https://www.facebook.com/pg/wsj/videos/
On Twitter: https://twitter.com/WSJ
On Snapchat: https://on.wsj.com/2ratjSM
#WSJ #Economy #Trade
Tags and Topics
Browse our collection to discover more content in these categories.
Video Information
Views
878.2K
Likes
16.9K
Duration
4:16
Published
Jan 22, 2020
User Reviews
4.8
(175)