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alternatives to a unipolar dollar-based system. It considers (1) measures of international currency use; (2) potential challengers … to the dollar; (3) network externalities; and (4) the plausibility of gold and digital currencies, as alternatives to … regular currencies. On the one hand, network externalities operate in favor of the status quo: the dollar as the single …
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financial system after the US dollar (hereinafter, the dollar), should be treated as a priority in efforts to strengthen the EU …
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