ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Why is a system of currency exchange necessary for international trade?
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Nearly all world currencies are worthless on the world market.
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Those buying goods on the world market only accept payment in gold and silver.
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Most goods bought on the international market must be bought and paid for using United States dollars only.
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There must be a way to pay for goods purchased from countries with different types of currencies
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Explanation:
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