How Dangerous Are They?: A Primer on Petrodollars

Rolfe, Sidney E.
January 1975
New Republic;1/18/75, Vol. 172 Issue 3, p9
Focuses on economic consequences of petrodollars, the price paid in dollars to oil-producing countries by the U.S. and other western countries in exchange for oil and petroleum. Definition of petrodollars; Magnitude of the problem of petrodollars; Overview of methods adopted by various western countries to pay oil-producing countries in exchange for oil; Information on ways in which Arab countries reinvest petrodollars.


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