Committee of the German Baltic Parties Committee of the German Baltic Parties The Committee of the German-Baltic Parties (, ADP) was an alliance of Baltic German political parties in Latvia during the inter-war period. Its members included the German-Baltic Democratic Party, the German-Baltic Progressive Party, the German-Baltic Reform Party, the German-Baltic People's Party, the German-Baltic Integration Party, the German-Baltic State Party and the Voters Association of Mitau. The alliance was established in early 1920 as a successor to the National Committee. won six seats in the 1920 Constitutional Assembly elections. It retained its six seats in the 1st Saeima after the 1922 elections, but was reduced
World currency to the United States dollar. However, as the United States has the world's largest economy, most international transactions continue to be conducted with the United States dollar, and it has remained the "de facto" world currency. According to Robert Gilpin in "Global Political Economy: Understanding the International Economic Order" (2001): "Somewhere between 40 and 60 percent of international financial transactions are denominated in dollars. For decades the dollar has also been the world's principal reserve currency; in 1996, the dollar accounted for approximately two-thirds of the world's foreign exchange reserves", as compared to about one-quarter held in euros (see Reserve