The US dollar is the world's indispensable currency. The dollar's preeminent status gives the United States enormous … conclude that sanctions threaten the dollar's status as the world's key currency, the potential consequences of sanctions … potency of financial sanctions and protect the dollar's dominant position in the world economy, Bucking the Buck argues that …

abrupt and deep collapse in world trade, while other world-wide recessions had more moderate effects on world trade. This …