Contents Pages by Subject

Economy - Economics USA

Subject Photo
Article Image News Link • Global

A petrodollar is a dollar earned by a country through the sale of oil. In 1972-74 the US government concluded a series of agreements with Saudi Arabia to support the power of the House of Saud in exchange for accepting only US dollars for its oil.

Join us on our Social Networks:


Share this page with your friends on your favorite social network:

Free Talk Live