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... of currency hegemony, but only a few countries are qualified to enter the fray. To qualify as an international trade settlement currency, the following basic conditions must be met:

1. The economy of the currency-issuing country must be significantly large;

2. The volume of imports and exports of the currency-issuing country must be substantial;

3. The currency itself must have a stable exchange rate;

4. The currency-issuing country must have the ability to guaran ...

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