Why are exchange rates needed as part of international trade?
It keeps the value of worl...
History, 21.04.2020 20:58, hectorgonzalejr333
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: 2
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