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AssignmentMultiple Choice

Globalization and International Trade

Question 1 • EA Academy Civics 9

Why is currency exchange necessary for international trade?

Answer
A
Different countries count their currencies the same way.
B
Different countries need something they do not have.
C
Different countries use different currencies.
D
Different countries use the same currency.

Explanation

Currency exchange is necessary because countries often use different currencies, such as dollars, euros, or yen. A buyer or seller may need to convert one currency into another to pay for goods or services across borders, so choice C is correct.

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