Title: 27 Countries That Accept U.S. Dollars as Currency
Headings: 27 Countries That Accept U.S. Dollars as Currency
27 Countries That Accept U.S. Dollars as Currency
The buck starts here.

Content: Barbados has permanently tied the Barbadian dollar to the USD at a rate of 2:1, making converting prices simple. Panama has been using the dollar since it gained independence at the start of the 20th century. Coins, called balboas, are used for change and small items. Balboa banknotes were briefly printed in 1941 by President Arnulfo Arias but were recalled and burned several days later by the new regime, giving them the name "The Seven Day Dollar." After becoming independent, Palau, the Marshall Islands and the other former members of the U.S.-administered Trust Territory of the Pacific Islands chose not to issue their own currency: Insead, they've all relied on American tender since 1944. The U.S. dollar is also the world's foremost reserve currency. ( Most American banknotes are actually held outside the United States.) Economist like Milton Friedman have long maintained that demand for dollars has allowed the U.S. to incur serious trade deficits without devaluing the currency or upsetting trade. So where is the American dollar accepted?