Currency zoning in the COVID-19 era

Abstract

This article aims to explain the loss of the dollar’s leading role and the formation of currency zoning in a geo-economical view of the COVID-19 era.The results of the study reveal that the COVID-19 currency zoning to operate a new production zone or free trade zone is based on a closed industrial cluster at the central state, capable of diversifying the supply chain to its members and promote free trade through labor resources, natural resources and the number of a good middle class are sufficient to form a market within their respective segments. The strategic setting of the area is important to reduce dependence on the US market and to ensure the safety of freight transport and the faster time it takes to cooperate with more beneficial states with China than the United States under the OBOR project.