It Is Difficult to Trade with a Country That Has

question 17

Multiple Choice

It is difficult to trade with a country that has a nonconvertible currency because:

• A)it is impossible to either buy or sell its currency.
• B)a foreign business operating in the country can't convert profits earned there into its own nation's currency at a reasonable rate.
• C)governments with nonconvertible currencies discourage international trade.
• D)All of the above

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