De-Dollarization Quiz
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What does De-Dollarization refer to?

  • Reducing reliance on the US dollar in international transactions and reserves (correct)
  • Creating a new currency to replace the US dollar
  • Promoting the use of the US dollar as the primary global reserve currency
  • Increasing reliance on the US dollar in international transactions and reserves
  • What impact could De-Dollarization have on countries aligned with the United States?

  • Their influence and power could experience a decline (correct)
  • They will become more economically stable
  • They will gain more control over global trade
  • Their influence and power could increase
  • How could India be affected if a currency other than the US dollar becomes dominant?

  • India will gain more control over global trade
  • India's economy will become entirely dependent on the dominant currency
  • India may not be significantly affected (correct)
  • India will experience a decline in economic stability
  • What could be the impact on India's economic dynamics if its own currency or a currency led by India were to replace the US dollar?

    <p>It could have a notable impact on India's economic dynamics</p> Signup and view all the answers

    What are the Dollar Objectives referred to in the text?

    <p>Goals related to the US dollar's influence and role in global transactions</p> Signup and view all the answers

    What does De-Dollarization refer to?

    <p>Reducing reliance on the US dollar in international transactions and reserves</p> Signup and view all the answers

    What is the impact of De-Dollarization on countries aligned with the United States?

    <p>Their influence and power could experience a decline</p> Signup and view all the answers

    What is the primary goal of De-Dollarization?

    <p>Diversifying currency holdings and conducting trade in other currencies</p> Signup and view all the answers

    How would De-Dollarization impact the global financial economic order?

    <p>It would lead to a transformation in the global financial economic order</p> Signup and view all the answers

    What is the long-term implication of De-Dollarization for US ally nations?

    <p>Their influence and power could also experience a decline</p> Signup and view all the answers

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