Question
What is one complication related to money in a global market?
Consumers have difficulty sending money to businesses in other countries.
Consumers must pay for products and services in the other country’s currency.
Businesses have their own type of currency, while consumers use a different type of currency.
Businesses are not allowed to accept money from people who do not live in the same country.
Consumers have difficulty sending money to businesses in other countries.
Consumers must pay for products and services in the other country’s currency.
Businesses have their own type of currency, while consumers use a different type of currency.
Businesses are not allowed to accept money from people who do not live in the same country.
Answers
GPT-4o mini
One complication related to money in a global market is that **consumers must pay for products and services in the other country’s currency**. This can lead to issues such as exchange rate fluctuations, additional transaction fees, and potential confusion over conversion rates, making international transactions more complicated for consumers.