Question

Hello. Here's the question:
What creates a need for exchanging currencies?
A.) Trade between cities in the same country.
B.) A trade route through north to south India.
C.) Trade between different countries ***?
(Exchanging Currencies is the exchange of one country's currency for another one's, such as dollar to yen, or yen to yuan, ect., correct?)
D.)Trade between states with in a country.

Is C right? If not, can you explain to me how not, because I'm pretty confused. Thank you so much.

Answer 1

Yes, C is correct.

When I go to Europe, the first thing I do when I get there is change dollars to euros or pounds. It's so much easier now that much of Europe has just one currency. Just as Europeans can't spend euros for a hamburger or a bus ride in the U.S., Americans can't spend dollars for things in Europe.

Answer 2

Bless you! Thank you so much! :-)

Answer 3

You are very welcome, Maggie.