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Which of the Following Statements Is True Regarding Hard Currencies

Question 90

Multiple Choice

Which of the following statements is true regarding hard currencies?


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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