Question

Which of the following was the primary impact of the Federal Reserve Act of 1913 internationally?

increased the use of the U.S. dollar worldwide
increased U.S. exports overseas
regulated taxes on imports of foreign goods
regulated taxes on exports of domestic goods

Answer 1

increased the use of the U.S. dollar worldwide

Step-by-step explanation:

The 1913 Federal Reserve Act made the Federal Reserve System. It was implemented to set up monetary strength in the U.S. by acquainting a Central Bankto oversee monetary policy. The Federal Reserve Act is a standout amongst the most influential laws shaping the U.S. financial system.

Answer 2

increased the use of the U.S. dollar worldwide