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Could China's Currency Be The New World Reserve? | Economics Explained

697,990 views

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

/ˈpərCHəs/

purchasing
verb

To buy something; to get by paying money for it.

/rəˈzərv/

reserve
noun verb

supply of commodity not needed for immediate use but available if required. To arrange for a room or table be kept for you.

/dəˈfôlt/

default
noun verb

Failure to meet an agreement or make a payment. To fail to meet as agreed; failure to pay.

/ˈbraɡiNG/

bragging
adjective noun verb

exhibiting or characterized by excessive pride or boastfulness. excessively proud and boastful talk. To speak too proudly about yourself.

/kôz/

causing
verb

make something happen.

/ˌindəˈvij(o͞o)əl/

individuals
noun other

single human being. Single people, looked at separately from others.

/ˌekəˈnämik/

economic
adjective

relating to economics or economy.

/ˌinstəˈt(y)o͞oSH(ə)n/

institutions
noun other

organization founded for purpose. Organizations created for a certain cause, purpose.

/ˈpəblik(ə)lē/

publicly
adverb

so as to be seen by other people.

/ˈkərənsē/

currency
noun

Money system that a country uses.

/ˈ(h)weT͟Hər/

whether
conjunction

If something will happen or not.

/ˌənˈsərtn/

uncertain
adjective

Feeling doubt about a person, place, or thing.

/ˈtrādiNG/

trading
noun verb

Buying, selling and exchange of goods in business. To buy, sell and exchange goods in business.

/ˈsəmˌTHiNG/

something
adverb pronoun

used for emphasis with following adjective functioning as adverb. thing that is unspecified or unknown.

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