\"The BRICS would also be poised to achieve a level of self-sufficiency in international trade that has eluded the world\u2019s other currency unions. Because a BRICS currency union\u2014unlike any before it\u2014would not be among countries united by shared territorial borders, its members would likely be able to produce a wider range of goods than any existing monetary union.<\/em>\"<\/p>\n\n\n\n

\u201cThe dollar\u2019s reign isn\u2019t likely to end overnight \u2013 but a bric would begin the slow erosion of its dominance<\/em>,\" says Sullivan.<\/p>\n","post_title":"BRICS Currency Against The U.S. Dollar; International Trade And De-Dollarization","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"brics-currency-against-the-u-s-dollar-international-trade-and-de-dollarization","to_ping":"","pinged":"","post_modified":"2023-05-04 13:02:57","post_modified_gmt":"2023-05-04 03:02:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11396","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};