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.

---

Definitions:

Cleavage

In geology, the tendency of minerals to break along flat, parallel surfaces related to the arrangement of atoms within the mineral.

Anticline

A type of fold in the Earth's crust that is convex up and has its oldest beds at its core.

Joint

A fracture or separation in rock in which there has been no significant movement of the sides relative to one another.

Geologic Processes

The natural mechanisms through which Earth's surface is shaped and changed over time, including erosion, sedimentation, and tectonic movements.