12-6-2013 Newshound Guru Kaperoni
12-6-2013 Newshound Guru Kaperoni Report: "World
Trade Organization News (WTO) Director-General's 2013 Annual Report on
Accessions" using a foreign currency such as
the dollar to pay for goods may work temporally but the Iraqis wants their own currency. More importantly with value
so they can prosper from the exchange rate. The last 10 or so years have been
building a monetary policy that succeeds based on them having their own
currency. Freedom of movement of capital (Article VIII) is significant because it not only provides a tradable currency, but it
allows anyone doing business with or in Iraq to be able to get their profits out. Therefore, Iraq will move to IMF Article VIII soon to accomplish that.