Why are currency exchange systems important for international trade?
Group of answer choices

They make it more difficult for countries to impose tariffs on foreign goods.

They make it more difficult for smugglers to sell foreign goods.

They make it easier for countries with different kinds of money to trade with each other.

They make it easier for people who speak different languages to trade with each other.

Answers

Answer 1

Answer:

The reason why we need a system of currency exchange in order to conduct international trade is because different countries use different types of currency. They do so because national sovereignty allows each nation to establish its own currency. However, we need a system to pay for goods that are purchased from other countries. This is why the currency exchange system allows us to conduct international trade

Explanation:


Related Questions

According to the wording of the treaty did Hawaii willingly or
unwillingly become annexed by the United States?

Answers

Explanation:

I think they were unwillingly because now they don't have the right on their own

The annexation of Hawaii by America in 1898 increased American territory into the Pacific and emphasized the effects of economic integration and the country's ascent as a Pacific superpower.

What do you mean by  annexation?

An official act through which a state declares its dominion over territory that was previously beyond its borders is called annexation. An annexation is a unilateral act that is rendered effective by real possession and legitimized by widespread acknowledgment, in contrast to cession, in which land is given or sold through treaty.

Conquest and military occupation of the captured territory are often followed by annexation. There are times when a conquest can be accomplished by the threat of force without actual conflicts, such as when Germany annexed Austria in 1938. Annexation is not a prerequisite for or result of military occupation.

As a result, annexation did not occur after the Allied military occupation of Germany following the end of World War II. An official declaration that the annexing state's sovereign authority has been established and will be maintained in the future is customary when military occupation leads to annexation.

Such a declaration was issued by both Israel and Russia after their annexations of the Ukrainian Autonomous Republic of Crimea in 2014 and the Golan Heights in 1981.

Learn more about  annexation, here

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4. Which lessons did George Washington learn from the French and Indian War?

Answers

Explanation:

He gained valuable military skills, acquiring tactical, strategic and logistical military experience, he also acquired political skills in his dealings with the British military establishment and provincial government

Which sea was part of a traditional trade pattern that linked Northern Europe with Asia and Africa?​

Answers

it was the Black Sea

What were the two charges against Socrates?

Answers

Answer:

he affidavit sworn out by Meletus made two related charges against Socrates: "refusing to acknowledge the gods recognized by the State and of introducing new and different gods" and "corrupting the youth."

Explanation:

how some authoritarian governments

Answers

Answer:

Authoritarianism is characterized by highly concentrated and centralized government power maintained by political repression and the exclusion of potential challengers. It uses political parties and mass organizations to mobilize people around the goals of the regime.

What country has authoritarian government?

Democracy Index by country 2019

Rank Country Functioning of government

1 Norway 9.64

2 Iceland 9.29

3 Sweden 9.64

4 New Zealand 9.29

Authoritarian. A government in which one leader or group of people holds absolute power. Dictatorship. Characteristics. Absolute rules; unchecked powers; most common form of rule through history; main rival to constitutional democracy; obtain power through violence.

Hope I helped If I did please give me brainiest <333 :3

Which sentence describes a key difference between a historical timeline and a history brochure?
A timeline organizes facts by topic while a brochure organizes facts chronologically.
A timeline includes facts about events while a history brochure offers mostly opinions.
A timeline incorporates pictures and captions while a brochure only uses text.
A timeline covers many events while a brochure usually focuses on a single event

Answers

Answer:

A time line covers many events while a brochure focuses on a single event. Explanation: just because its right

Answer:

d it is the only correct answer

Explanation:

How was crime and punishment in the year 999

Answers

Answer:

An apple, potato, and onion all taste the same if you eat them with your nose plugged

Explanation:

describe and example of popular sovereignty

Answers

Answer:

Popular sovereignty is the principle that the authority of a state and its government are created and sustained by the consent of its people, through their elected representatives, who are the source of all political power.

Which of the following might have caused people to oppose the articles of confederation

Answers

Answer:

how weak it made the government

Explanation:

let's take the uprising in Massachusetts the government had to rely on the states militia to put it down not the government's army

A settlement that acts as a base for those who are sent to a foreign region for religious work is called____________.
a.
a chapel
b.
a mission
c.
a colony
d.
a fort

Answers

Answer:

A. Mission

Explanation:

Hope this helps

Answer:

uhm i think it's C but i'm not sure

Explanation:

if you can help with any question that would be awesome

Answers

Answer:

poverty is the state of being extremely poor.       Explanation:

What were major wars in 18th century in Bosnia and Herezgovina and how did they impact on the land and territory of BiH?

Answers

World war 1 and 2 were the biggest in the history and territories

The middle colonies were founded
A. As safe havens for Catholics and Quakers.
B. As trading posts for fur.
C. For-profit and as strategic trading posts.
D. For religion, profit, and strategy.

Answers

Answer: D

The middle colonies were founded for religion, profit, and strategy:

Religion - many religious Puritans lived in Maryland, and VirginiaProfit - tobacco was very common in Maryland, cotton in VirginiaStrategy - the land was very good for raising animals

Hope this helps you!

Answer: D

The middle colonies were founded for religion, profit, and strategy:

Religion - many religious Puritans lived in Maryland, and Virginia

Profit - tobacco was very common in Maryland, cotton in Virginia

Strategy - the land was very good for raising animals

Hope this helps you!

If you had been a delegate at the Congress, do you think you would
have been a conservative or a radical? Why?

Answers

Which side pays more same stuff

Sports became popular in the late 1800s because of what?

Answers

Answer: the first Olympic Games being held in 1896

Explanation:

HELP I CAN GIVE U POINTS
How did America's entry into World War II end the lingering effects of the Great Depression

Answers

Answer:

yes

Explanation:

a common fallacy is that the Great Depression was ended by the explosive spending of World War II but World War II actually institutionalized the sharp decline in the standard of living caused by the depression the Depression was actually ended and prosperity restored by the sharp reductions in spending taxes and regulation at the end of World War II exactly contrary to analysis of Keynesian so-called economist

What are 3 types of Christianity on the world religion map

Answers

Answer:

Catholicism, Protestantism, and Orthodox

Explanation:

Which statement best completes the diagram on the process for amending
the U.S. Constitution?
The
amendment is
proposed in
Congress
?
The
amendment is
sent to the
states for
ratification.
The amendment
is ratified in
three-fifths of
the states.
A. The amendment is temporarily added to the Constitution.
B. The amendment is approved in both houses of Congress.
Ο Ο Ο Ο
C. The amendment is sent to the Supreme Court for review.
D. The amendment is edited in Congress and sent to the president.

Answers

Answer:

i think b

Explanation:

For each term or name, write a sentence explaining its significance.

Jesus -
apostle -
Paul -
Diaspora -
Constantine -
bishop -
Peter -
pope -

Answers

Answer:

what do you mean by this please explain further

The statement below was made to an interviewer in Atlanta, Georgia in the 1930s.

Do you know I've never voted in my life, never been able to exercise my right as a citizen because of the poll tax?


How is this concern addressed in the U.S. Constitution?
By making all taxes unconstitutional
By making barriers to voting unconstitutional
By limiting voting rights for some Americans
By giving noncitizens the right to vote

Answers

Answer:

By making barriers to voting unconstitutional

Explanation:

just took the test lol

Question: Do you know I've never voted in my life, never been able to exercise my right as a citizen because of the poll tax?

Answer: By Making Barriers To Voting Unconstitutional.

Which of the following is an example of a weakness in the Articles of Confederation?


A. Congress couldn't collect taxes.


B. Provided no common currency


C. Weak national government


D. All of the Above

Answers

Answer:

D

Explanation:

HELP ME IF YOURE GOOD WITH THE AMERICAN REVOLUTION LOOK AT MY QUESTIONS AND HELP ME FOR THIS TEST IT WILL MAKE OR BREAK MY GRADE

Answers

Answer:

B. Writing "Common sense" to persuade others to join the Patriots.

Explanation:

Thomas Paine was well known for being the author of the Common Sense, which was a propaganda material to persuade colonists on why the US has to find their liberty. It is an early propaganda material that was distributed thorough-out the 13 colonies, and was especially effective in raising awareness and bringing the colonies closer together.

~

________ caused the demand for slave labor to grow in the carolinas
A.Manufacturing
B.Rice growing
C.Importing
D.Ship Building

Answers

Manufacturing (A) (not sure)
I think is A :)))))))))))

What was the final event that took place that influenced the colonies to create the First Continental Congress? What did they all agree to do as a protest to England? Why did Lexington and Concord take place and what will it's nickname be known as?

Answers

Answer:

In response to the violence of the Boston Massacre of 1770 and new taxes like the Tea Act of 1773, a group of frustrated colonists protested taxation without representation by dumping 342 chests of tea into Boston Harbor on the night of December 16, 1773 – an event known to history as Boston Tea Party

Explanation:

The Magna Carta referred to jury trial as:

Answers

Answer:

The right to a trial by jury, one of the most time-honored inheritances from Magna Carta in United States law, refers to the guarantee that courts will depend on a body of citizens to render judgments in most civil and criminal cases.

What are some facts about the unknown soldiers tomb?

Answers

Answer:

There were four unknown soldier candidates for the ww1 crypt

There were four potential Korean war representatives

The tomb has been guarded 24/7 since 1937

Younger chose the Unknown Soldier of World War I, who now lies in the tomb. President Warren G. Harding officiated at the interment ceremonies at the Memorial Amphitheater on November 11, 1921. There are three other soldiers buried at the tomb.

Sentinels are never allowed to drink

As long as they are not a guard going through training (they don't have time to drink anyway) and they are of age, they are free to enjoy alcohol — as long as they are off-duty and they have a designated driver or taxi ready.

Who did France go to war with

Answers

Answer:

they went to war with the indians

Explanation:

the french and indian war

hope this helped! :)

They also went to war with Austria, I hope this helped. :)

help meeeee..........​

Answers

Answer:

II believe the answer is C

Explanation:

So so SORRY if Im wrong!!!!!!!

What form of government was in place in Great Britain in 1620, when the Pilgrims left to establish a colony in the new world?

Answers

Answer:

Absolute Monarchy

Explanation:

N/A

Contextualizing The Code Book



Write four to five sentences explaining how the central



idea of The Code Book, that the information we share



over the Internet is not as protected as we think it is,



relates to the context of your own life.?

Answers

Answer:

The information we sent over internet isn't private and goes through many different places before reaching it's desired place.A simple message meant for a friend who is across the street may get acroos to a third world country without u=you knowing.There is no privacy on internet.Everything seems simple but it is very complex and hard to protect.Password protection doesn't give privacy it just provides the illusion.

Explanation:

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