Scrabble?! PETRODOLLAR
Is petrodollar valid for Scrabble? Words With Friends? Lexulous? WordFeud? Other games?Definitions of PETRODOLLAR in various dictionaries:
Petrodollar recycling is the international spending or investment of a country's revenues from petroleum exports ("petrodollars"). It generally refers to the phenomenon of major petroleum-exporting nations, mainly the OPEC members plus Russia and Norway, earning more money from the export of crude oil than they could efficiently invest in their own economies. The resulting global interdependencies and financial flows, from oil producers back to oil consumers, can reach a scale of hundreds of billions of US dollars per year including a wide range of transactions in a variety of currencies, some pegged to the US dollar and some not. These flows are heavily influenced by government-level decisions regarding international investment and aid, with important consequences for both global finance and petroleum politics. The phenomenon is most pronounced during periods when the price of oil is historically high. The first major petrodollar surge (19741981) resulted in more financial complicati
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There are 11 letters in PETRODOLLAR ( A1D2E1L1O1P3R1T1 )
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