Why are exchange rates needed

Asked by maham237 @ in History viewed by 351 People

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.

Answered by maham237 @


Answer:

The answer is "Exporters prefer to be paid in their home country’s currency."

Explanation:

I know because I just took the test


Similar Questions

Why do nations need a system of currency exchange rates

Asked by admin @ in Social Studies viewed by 312 persons

Why is system of currency exchange necessary for international trade? A. Nearly all world currencies are worthless on the world market. B. Those buying goods on the world market only …

Which best describes exchange rates?

Asked by maham237 @ in Social Studies viewed by 337 persons

Which of the following best describes monetary policy? O A. Determining the design printed on the national currency O B. Managing the economy by controlling the money supply O C. …

Which best describes exchange rates

Asked by maham237 @ in Business viewed by 297 persons

Which statement describes the foreign exchange rate? A. the rate at which currency is spent in a foreign country B. the rate at which people exchange currency for foreign goods …

An exchange rate table makes it easy to compare the

Asked by admin @ in Social Studies viewed by 275 persons

An exchange rate table makes it easy to compare the A. different currency denominations used by a single country. B. cost to produce the currency used by a single country. …

Exchange rates can indicate economic health by

Asked by wiki @ in Social Studies viewed by 468 persons

When might it be important to know a currency’s exchange rate?

Asked by maham237 @ in Mathematics viewed by 347 persons

when planning expenses for an overseas trip when changing money into smaller denominations when preparing to buy something expensive when deciding which college is the best value

Shawna does her math homework every night. last night, shawna spent 45 minutes solving 15 math problems. tonight, she needs to solve 10 math problems. if she does them at the same rate, how many minutes will shawna spend solving tonight's math problems?

Asked by eesha362 @ in Math viewed by 361 persons

Overcoming fixed mindset: a step-by-step guide to cultivating a growth mindset

Asked by wiki @ in Health viewed by 1261 persons

Which of the following would best complete this list?

Asked by wiki @ in Social Studies viewed by 727 persons

What had the king decided to do before he saw the spider

Asked by vanshika149 @ in English viewed by 1120 persons

Describe the karez in your own words

Asked by rajesh064 @ in English viewed by 1284 persons

What is 8 + (x + 5)?

Asked by jaylord7 @ in Mathematics viewed by 1076 persons

Take any three non-collinear points a b c and draw triangle a,b,c. through each vertex of the triangle draw a line parallel to the opposite side using ruler and compass

Asked by wiki @ in Mathematics viewed by 1474 persons

What is the topic of the info grapher

Asked by jesus643 @ in History viewed by 1372 persons

Elephant kills 11 in nepal , woman rescued from a friendly dolphine

Asked by kavin044 @ in English viewed by 1248 persons

Most viewed questions in History

Candle making in colonial america reading answers test 5 answers

Asked by admin @ in History viewed by 11325 persons

Lowman consulting answer key

Asked by maham237 @ in History viewed by 5151 persons

Lets grow with composite mathematics class 8 solutions pdf

Asked by admin @ in History viewed by 3197 persons

Venezuelans started buying items immediately because of their fear of

Asked by maham237 @ in History viewed by 2525 persons

Commonlit teaching shakespeare in a maximum security prison answer key

Asked by admin @ in History viewed by 2258 persons

4.3 puzzle time answers algebra 2

Asked by maham237 @ in History viewed by 2094 persons

Why did the termite like expensive hotels worksheet answer key

Asked by maham237 @ in History viewed by 1955 persons

On which day are your answering stats reset

Asked by admin @ in History viewed by 1856 persons

Why did king kong eat a truck worksheet answer key

Asked by maham237 @ in History viewed by 1747 persons

Write two paragraphs to compare and contrast the narrators’ schools and explain how their schools shape their perspectives toward the hijab. cite evidence from the text to support your ideas.

Asked by evette57 @ in History viewed by 1692 persons

Two ways of looking at a river commonlit answers key

Asked by maham237 @ in History viewed by 1661 persons

Which occurs during disequilibrium? check all that apply.

Asked by wiki @ in History viewed by 1647 persons

What is taplow's opinion about the greek tragedy agamemnon

Asked by admin @ in History viewed by 1406 persons

What is the topic of the info grapher

Asked by jesus643 @ in History viewed by 1372 persons

When entrepreneurs develop new products, other companies also experience growth because they

Asked by maham237 @ in History viewed by 1368 persons