Question

Why is a system for exchanging currencies necessary for international trade?(1 point)%0D%0AResponses%0D%0A%0D%0ATo control the global money supply%0D%0ATo control the global money supply%0D%0A%0D%0ATo increase trade barriers%0D%0ATo increase trade barriers%0D%0A%0D%0ATo manage price stability and currency risk%0D%0ATo manage price stability and currency risk%0D%0A%0D%0ATo create a universal method for accurate currency exchange

Answer 1

chose one of the give option

Answer 2

To facilitate smooth transactions and remove barriers to trade.

Answer 3

To manage price stability and currency risk