The History of the U.S. Dollar History
Introduction
have their foreign-exchange reserves, Japan, As like most countries, has its own foreign money reserve for facing coping with (or managing) unprofitable market fluctuations. After coming off the gold standard in 1971 (I don't see this clause connecting well with the rest of the sentence), eEach country's foreign-exchange reserve is increasing every year. According to Aridas and Pasquali (2013, para1), China is the first country having its own the largest foreign reserve ($3.3 trillion in 2011), followed by Japan ($1.3 trillion in 2011). , and mMany countries, including China and Japan, hold mostly the United States Ddollars (para.2). The United States dollar is now one of the world's key currencies. (I'd make a new paragraph here) Do you mean something like The dollar is a strong currency just as the United States is a powerful country.?) As the dollar shows its force, the United States is a powerful country. Meanwhile, The country had the a history as a colony beginning over in the late 16 th century. Suffering from colonial rule colonists, the U.S. declared independence in 1776, and it buildt up as an advanced country. I am going show will show how the money of the U.S. was created and how the US government worked it out (don't understand this phrase: how the government was involved in its creation?). in this essay.
I hope this helps. I may not have understood the meaning well enough to make corrections!
I hope it makes sense.