Why has the demand for dollars in international fi nancial markets continued to grow, even though the dollar is no longer the offi cial reserve currency? When a country ran a defi cit in its balance...

Why has the demand for dollars in international fi nancial markets continued to grow, even though the dollar is no longer the offi cial reserve currency?

When a country ran a defi cit in its balance of payments under the Bretton Woods Accord, how was that defi cit resolved?