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Why are foreign exchange rates necessary in trade?
A) rates help to balance import and exports
B) rights help ensure a cultural exchange across borders
C) rates help to compare prices stated in foreign currency
D) rates up to compare the supply and demand of goods traded between countries
Answers: 3
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As with any small island country, cuba has fewer natural resources than countries such as brazil. this affects their economy in that cuba a) exports only manufactured products. b) exports more products than it imports.. c) must import more products than it exports. d) has imposed trade barriers against the united states.
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What was the main purpose of one of the first world organizations
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Why are foreign exchange rates necessary in trade?
A) rates help to balance import and exports
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