Jul 16, 2017 Research papers

US Dollar as the Global Reserve Currency

This paper concentrates on the primary theme of US Dollar as the Global Reserve Currency in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.

US Dollar as the Global Reserve Currency

INSTRUCTIONS:

This is my second Course essay It Will be the same as my last order but the one is for my friend a classmate, so please be sure to write a different paper. its worth 35% of the final grade. This is the topics are "Agree or Disagree: Bitcoin Has Serious Potential to Replace (or Supplement) the US Dollar as the Global Reserve Currency" OR "Recently Announced Tax Coordination Announcement by OECD Will Eliminate the Ability of MNC’s to Manage Tax Exposure."

CONTENT:

Bitcoin Has no Serious Potential to Replace (or Supplement) the US Dollar as the Global Reserve Currency Name Course Instructor Date The Bitcoin is a decentralized virtual currency that is used as a medium of exchange through online platforms since there is no central bank that oversees the control of the digital currency. Its value fluctuates often since it is based on what people think is the true value. Increased adoption of Bitcoin is likely to garner interest if online merchants adopt the currency. However, bitcoins are unlikely to replace fiat currency since it is merely an adapted tool (Greeley, 2013). It is not as though fiat currency has fallen out of favor, but there has been interest to have another major Global Reserve Currency, since the dollar gives the U.S too much power in the international market. This essay disagrees with the notion that the Bitcoin has serious potential to replace/ supplement the US dollar as the Global Reserve Currency Bitcoin is unlikely to dislodge the dollar as the Global Reserve Currency, given the advantage of the dollar as a fiat currency that is typically backed by assets. This makes the US dollar reliable in international trade transactions compared to the Bitcoi

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