Since the end of World War I, the U.S. dollar has played the role of the dominant global currency, displacing the
A)German mark.
B)French Franc.
C)Japanese Yen.
D)British pound.

Question

Quizplus · Accepted Answer

Before World War I, the British pound was the dominant global currency, but its position was weakened by the war and its aftermath. The U.S. dollar emerged as the dominant global currency due to its economic and military power, as well as the Bretton Woods system of monetary management that was established after World War II.

Since the End of World War I, the U