The International Monetary System Exists Solely to Enable People Living

question 16

True/False

The international monetary system exists solely to enable people living in different countries to engage in economic transactions with each other.

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Definitions:

Enforceable

Pertains to a legal agreement or clause that can be compelled or upheld by a court of law.

Writing

The act or process of representing words, numbers, or symbols on a surface, typically for the purpose of recording or communicating.

Acceptance

An agreement to the terms of an offer, contract, or proposal, legally binding the parties.

Electronic Communication

The transmission of information using electronic systems or devices, including emails, instant messaging, and social media platforms.