Why dollar is used as standardized money. – InterviewSolution

1.	Why dollar is used as standardized money.
Answer» As a result of the Bretton WOODS AGREEMENT, the U.S dollar was officially crowned the world's reserve CURRENCY and was backed by the world's largest gold reserves. ... NEEDING a PLACE to store their dollars, countries began buying U.S. Treasury securities, which they considered to be a safe store of money.

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