Why are exchange rates needed as part of international trade?
It keeps the value of world currencies from going up or down.
Exporters prefer to be paid in their home country's currency.
All international trade is conducted in United States dollars.
Free trade agreements require it.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Why are exchange rates needed as part of international trade? It keeps the value of world currencies from going up or down. Exporters ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which statement describes the start of World War I? Germany invaded the Balkans and Russia took control of Austria, leading to a declaration of war.
Answers (1)
Why did workers organize strikes in the early 1800s
Answers (1)
Why did Daniel Shays try to attack a federal building that held weapons?
Answers (1)
What did John Locke believe the human mind to be at birth and what were the practical implications his theory?
Answers (2)
Which of the following trends in the use of technology and government is likely to be seen in the future?
Answers (1)
New Questions in History
How did Jacob Riis influence teddy Roosevelt?
Answers (1)
Who arose from the lincoln douglas debates
Answers (1)
What was a my reason for the post-war cash crunch in America?
Answers (1)
In "The Yellow Wallpaper," daylight is a symbol of
Answers (1)
Mercantilism (A) did not affect empires that were not based in Europe. (B) brought long-term prosperity to Europe. (C) encouraged the importation of foreign goods. (D) supported free trade. (E) sparked further rivalries among European nations.
Answers (1)