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Jim, an Independent Trader, Conducts His Business Transactions Using Digital

Question 6

Multiple Choice

Jim, an independent trader, conducts his business transactions using digital forms of money that are not regulated by any national government. Jim uses this digital means of exchange with his trading partners as well. In this scenario, Jim uses currencies known as _____.


A) cost-push currencies
B) cryptocurrencies
C) microcurrencies
D) complementary currencies

Correct Answer:

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