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Petrodollars
P

Understanding the Impact of Petrodollars

Petrodollars refer to the revenues earned by oil-exporting countries through the sale of petroleum. These revenues are typically denominated in U.S. dollars, as oil is predominantly traded in this currency

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Financial Contagion
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Understanding Financial Contagion

Financial contagion refers to the spread of financial distress, shocks, or disruptions from one market or institution to others. It is characterized by the rapid transmission of negative economic events, such as a crisis or downturn, across interconnected financial systems

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