The dominant use of dollars in invoicing U.S.trade helps explain the partial pass-through of changes in the dollar's exchange rate to U.S.import prices.

Question

Quizplus · Accepted Answer

The statement is true as mentioned in the given figure that the dominant use of dollars in invoicing U.S.trade helps explain the partial pass-through of changes in the dollar's exchange rate to U.S.import prices.

The Dominant Use of Dollars in Invoicing U