"Another question has been raised rather widely in Europe, in Japan as well as in the United States is what, to what extent will the euro become a reserve currency"

This quote by Robert C. Solomon is describing the increasing popularity of the euro as a reserve currency. The question being raised is to what degree the euro will become a reserve currency. This is a concern that is being asked in Europe, Japan, and the United States. The euro is already the second most used currency on the planet, and its appeal is growing. This is because of the fact that the euro is seen as a steady currency, and it is backed by the European Central Bank. As the euro continues to acquire appeal, it is most likely that it will end up being a more widely used reserve currency. This might have a considerable impact on the global economy, as it would give the euro more affect in the worldwide market.