Which of the Following Statements Is True Regarding Hard Currencies

question 52

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.
• C)Hard currencies are difficult to convert into other currency.
• D)A country with hard currency is likely to have a trade deficit.

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