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Why do exchange rates for currency exist A. To be confusing to travelers. B. Because every currency is backed by gold or silver. C. People have a demand for other currencies. D.…

Why do exchange rates for currency exist A. To be confusing to travelers. B. Because every currency is backed by gold or silver. C. People have a demand for other currencies. D.…
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3 votes
Why do exchange rates for currency exist

A. To be confusing to travelers.
B. Because every currency is backed by gold or silver.
C. People have a demand for other currencies.
D. It is mandated by the United Nations.

asked
User Mesuti
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8.1k points

2 Answers

4 votes
The is going to be C
answered
User Bgroenks
by
7.6k points
6 votes

Answer:

C. People have a demand for other currencies.

Step-by-step explanation:

answered
User Markroxor
by
8.9k points
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