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  • International KDCG

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    kbeasley12
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    International trade requires the exchange of currencies between nations so that goods and services can be accurately priced and purchased across borders. For trade to occur, countries must agree on relative values for their currencies to facilitate transactions and prevent one currency from gaining an unfair advantage over others. An international trade system with freely floating currency exchange rates allows market forces to determine the prices of currencies and promotes balanced trade between nations.

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    International Kdcg

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    International trade requires the exchange of currencies between nations so that goods and services can be accurately priced and purchased across borders. For trade to occur, countries must agree on relative values for their currencies to facilitate transactions and prevent one currency from gaining an unfair advantage over others. An international trade system with freely floating currency exchange rates allows market forces to determine the prices of currencies and promotes balanced trade between nations.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    24 views2 pages

    International KDCG

    Uploaded by

    kbeasley12
    International trade requires the exchange of currencies between nations so that goods and services can be accurately priced and purchased across borders. For trade to occur, countries must agree on relative values for their currencies to facilitate transactions and prevent one currency from gaining an unfair advantage over others. An international trade system with freely floating currency exchange rates allows market forces to determine the prices of currencies and promotes balanced trade between nations.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    International

    Trade
    System
    By Garry Miles , KristianBeasley ,
    Christian Hogan
    Why is it necessary to
    exchange currencies for
    nations to trade

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