When Two Parties from Different Countries Enter into a Transaction

Multiple Choice

When two parties from different countries enter into a transaction:

A) the currency to be used for settling the transaction is set by the government.
B) a third country's currency must be used to denominate the transaction.
C) the two parties are free to decide the currency that should be used to settle the transaction.
D) the domestic currency of the buyer must be used to settle the transaction.