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Regarding Hard Currencies,which of the Following Statements Is True

Question 115

Multiple Choice

Regarding hard currencies,which of the following statements is true?


A) Countries with hard currency typically use the barter system when exporting goods.
B) The U.S.dollar is an example of hard currency,which is easily converted into other currencies.
C) Hard currency is difficult to convert into other currency.
D) A country with hard currency is likely to have a trade deficit.

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