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What is a petrodollar?

What is a petrodollar? Here are some definitions.

Noun
  1. (plural) Money earned from the sale of oil.
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With the rising value of the petrodollar, European companies tend to skip over Canada and open subsidiaries directly in the United States.
Second, the rise in value of the petrodollar is making Quebec companies less competitive, which is making Quebec poorer.
They have spent every petrodollar they got, neglecting investment in favor of other projects.
The value of Canada's petrodollar will remain high as well, which will hurt manufacturing, including the aerospace industry.
That fuels what our currency has become, which is a petrodollar.
Processes of analogy have created coinages like petrodollar, psycho-warfare, microwave on such models as petrochemical, psychology, microscope.

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