True, you can't use derivative money to buy groceries in a supermarket, but until recently, they were accepted currency in most financial markets.
Yes, the City has long since accepted that the single currency is almost sure to happen.
As American travelers find out, in many places around the world, American dollars are accepted as a second currency.
FORBES: The Benefits of Free Trade Agreements: The Country Always Wins
The currency is accepted in vast swathes of the rich world and quite a bit of the poor world too.
In May, after lengthy negotiations, both firms agreed that Facebook Credits, the social network's currency, would be accepted in Zynga's games.
ECONOMIST: Internet investment's new champions: The emerging online giants | The
Moreover, when the renminbi becomes convertible, it will already be accepted the world over as a currency that can be used for settling trades.
When I started at the Richmond Fed in August 1968, what they are now calling currency manipulation was the standard, accepted international monetary system.
It is generally accepted that commodity price trends mark the stability of the currency in which they are denominated.
So far (manufacturing currency through) Quantitative Easing by the United States has been accepted by investors and other countries, and perhaps another round of Quantitative Easing would be acceptable as well.
We started that century with a fundamental international currency, gold, which kept its value through time and was widely accepted around the world.
Mr Major accepted the Maastricht treaty five years later only after securing opt-outs from the single currency and the social chapter.
应用推荐