Or. we can use the currency to develop agriculture or indistry in country B and then ship its products to country A to the extent that B does not need them. Here is an example. India has textiles she wants to sell abroad. She needs our grain. We can sell her our grain for her Indian rupees with which we buy her Indian textiles. which we then use for the refugee Arabs in the camps in the Near East. Thereby we need to spend fewer dollars for relief of the refugees. Again. we can use the currencies of some of these countries. received in payment for our surplus agricultural products. to pay the ocean freight in Greek ships or in Indian ships to ship grain to Pakistan.
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