68 406
Assignments Done
98,6%
Successfully Done
In December 2018

Answer to Question #73140 in Other Economics for Karnan

Question #73140
If a country helps other country by means of goods, i understand. If a country helps other country by means of money, as the money is not valid in another country. How does the transaction happen?
Expert's answer
International payments are always made in global (reserve) currency.
Some of the world's currencies are accepted for most international transactions. The most popular are the U.S. dollar, the euro, and the yen.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions