According to "Ditching the Dollar," prior to modern times, there was always a world currency because all nations accepted ____ as payment for international transactions.
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The British pound |
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Silver |
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The US dollar |
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Gold |
The Answer is Gold here.
Because in the prior world there is not so much presence of US dollar at international level and many countries have not their own currency as well
The dollar was not taken as the base currency
Bu the gold was very common in all the countries and easily transacted in many parts ofthe world with more accessibility.
According to "Ditching the Dollar," prior to modern times, there was always a world currency because...
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