Petrodollar

Petrodollar,

How Do You Define Petrodollar?

  • Petrodollar can be defined as, A term coined by Ibrahim Owais, a professor of economics, in the 1970s, describes the huge amount of money produced by OPEC (Organization of Petroleum Exporting Countries).

Meanings of Petrodollar

  1. Counterfeit currency unit obtained by an oil exporting country.

Sentences of Petrodollar

  1. Petrodollars were thrown into the kingdom

Petrodollar,

What is The Definition of Petrodollar?

  • The term was coined in the 1970s by Ehem Owais, a professor of economics, to describe the large sums of money raised through oil auctions in OPEC (oil-exporting countries).

Meanings of Petrodollar

  1. A fictitious currency unit that a country receives when it exports oil.

Sentences of Petrodollar

  1. Petrodollars flow into the kingdom.

Petrodollar,

What is The Meaning of Petrodollar?

  1. You can define Petrodollar as, A term coined in the 1970s by Ihim Oweiss, a professor of economics, to describe the large amount of money raised through oil auctions in OPEC (oil-exporting countries).

Meanings of Petrodollar

  1. A fictitious unit of currency obtained when a country exports oil.

Sentences of Petrodollar

  1. Petrodollars are flowing into the country.