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Why Do Developing Nations Uses Dollar For Foreign Trade - Business - Nairaland

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Why Do Developing Nations Uses Dollar For Foreign Trade by collins2much(m): 8:19am On Apr 15, 2016
Am Comptempleting and asking myself questions why do developing nations use D Dollars for importation? Recently there was hike in price of Dollars, price of goods were also inflated. Why can't we use China currency to import goods from china, and Japanese yemen to import from japan etc. If American government can withheld their weapons and drugs from us when we need it most, artificial scarcity of their dollar is possible to punish a particular Nation. Until developing nations come up with an alternative Exchange rate for importation, we will continue to suffer economic woes, just take a look at d EURO, European nations use it for their exchange inside of d so called Dollar. Have nice day friends

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Re: Why Do Developing Nations Uses Dollar For Foreign Trade by divinehand2003(m): 8:49am On Apr 15, 2016
Black people have black mentality, hence they think with their anus, that's why we are like this.

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