Problem
Suppose that under the postwar "dollar standard" system, foreign central banks had held dollar reserves in the form of green dollar bills hidden in their vaults rather than in the form of U.S. Treasury bills. Would the international monetary adjustment mechanism have been symmetric or asymmetric?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.