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Which of the following explains why international trade requires a system for exchanging currencies between nations?
A currency exchange rate creates more money.
OB. A currency exchange rate raises human capital.
OC. A currency exchange rate encourages specialization.
OD. A currency exchange rate allows sellers to be paid in their own nation's currency

1 Answer

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OC. A currency exchange rate encourages specialization
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User Allabakash
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