A transformation of the global financial system exists because countries continue to find alternatives to using the US dollar. The global economic environment transforms because nations pursue diversification strategies and political conflicts along with increased financial independence goals. The economic dominance of South Korea at a global scale puts the country between potential threats and possibilities that result from currency market changes. Several nations now work to decrease their monetary dependence on the United States dollar because international trade has historically operated under its dominance. The upcoming financial transition makes…
Will South Korea Benefit From the Global Shift Away From the US Dollar
