Because the Rest of the World Has Accepted Dollars, the United

question 143

True/False

Because the rest of the world has accepted dollars, the United States has faced virtually no (or minimal) constraint on its ability to realize current account deficits.

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Definitions:

Philadelphia

A city in the United States known for its rich history, including the signing of the Declaration of Independence and the Constitution.

United States

A country in North America, consisting of 50 states, known for its diverse culture and significant impact on global affairs.

Hospital

A healthcare institution providing patient treatment with specialized medical and nursing staff and medical equipment.

Thanatology

The scientific study of death and the practices associated with it, including the study of the needs of the terminally ill and their families.