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Maroc Maroc - WN.COM - Business - 17/Nov 02:31

Growing call for more monetary diversity

At present, the world is in the midst of an intense phase of global trade and tariff disputes. In principle, such disputes should be analyzed from a trade perspective. However, many scholars also argue that behind these trade and tariff conflicts lies a monetary dimension — and, by extension, the very nature and role of the international monetary system itself. The United States now faces a series of choices and dilemmas. On the one hand, it seeks a more competitive dollar exchange rate to boost the repatriation of manufacturing and improve its trade balance. It also hopes to ease the excessive burden of the dollar's international responsibilities, while continuing to use the dollar as a...

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