The United States As Usual Has A Sizable Deficit In The Current Account Of Its Balance Of Payments, Trade Account And Other Current Accounts, Current Account Items. - SearchQuotes

About
Terms
Privacy
Sitemap

Get in Touch
Advertise
Removal Request
Subscribe
Contact Us

Social
Facebook
Instagram
Twitter
Pinterest

Close

Submit Quote

Latest Quotes
Browse our latest quotes

Topic List
Categorized list of quote topics

Famous Authors
Alphabetical list of influential authors

Picture Quotes
Custom and user added quotes with pictures

The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items.

Robert C Solomon

0 Likes

0 Comments

RELATED QUOTES

The reserve currency role seems to add prestige to an area and some people in Europe have talked about the desirability of the euro becoming an international reserve currency.

Robert C Solomon

1 Likes

Sponsored Links

The prices of all imports would rise if the dollar depreciates.

Robert C Solomon

0 Likes

The major material advantage, financial advantage from having a reserve currency is that between 200 and 300 billion dollar bills, that may be twenty, fifty, hundred dollar bills as well as ones, exist in the world - a lot of them in Russia as you all know I'm sure.

Robert C Solomon

0 Likes

The dollar went up some eighty percent in real terms as I recall now or something like that - from '80 to '85.

Robert C Solomon

0 Likes

The dollar is currently the principal reserve currency in the world.

Robert C Solomon

0 Likes

Sponsored Links

Some countries that are close to Europe that already hold Deutschemarks, clearly would automatically hold euros, those are countries in Eastern Europe mainly, a few countries in Africa.

Robert C Solomon

0 Likes

So if the euro, if Euroland is to become a reserve center, if the euro is to become a reserve currency, Euroland will have to have a deficit in its overall balance of payments.

Robert C Solomon

0 Likes

On private transactions, I'll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much more important in financial transactions than in the United States.

Robert C Solomon

0 Likes

Love can be understood only from the inside, as a language can be understood only by someone who speaks it, as a world can be understood only by someone who lives in it.

Robert C Solomon

1 Likes

In the United States, securities markets are much more developed than they are in Europe.

Robert C Solomon

0 Likes

Sponsored Links

If a currency is to become a growing, an increasing reserve currency, there has to be not only a demand for it there has to be a supply of it.

Robert C Solomon

0 Likes

Chances are the movements of the euro as against the dollar will be relatively moderate.

Robert C Solomon

0 Likes

TRENDING

ABOUT

Terms
Privacy Policy
Removal Request
Sitemap
Contact Us

OUR GOAL

Our goal is to help you by delivering amazing quotes to bring inspiration, personal growth, love and happiness to your everyday life.

© 2024 SearchQuotes™