asked 99.3k views
1 vote
Why are foreign exchange rates are necessary in trade? A) Rates help to balance imports and exports. B) Rates help ensure cultural exchanges across borders. C) Rates help to compare prices stated in foreign currency. D) Rates help to compare the supply and demand of goods traded between countries.

asked
User Rasa
by
9.1k points

2 Answers

2 votes

Answer:

It is C

Step-by-step explanation:

4 votes
I'm pretty sure the answer is C. Hope this helps. Sorry if im wrong.... :)
answered
User Istvan Tabanyi
by
8.7k points
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