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Why are foreign exchange rates necessary in trade?

User Evanescent
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2 Answers

3 votes

Answer:

A

Step-by-step explanation:

did it on usa test prep

User Sparragus
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Answer:

It is critical to support imports and exports, which are necessary to gain access to resources and to create additional demand for goods and services. Without the ability to trade in different currencies, companies' prospects would be limited and global economic growth would suffer. Investors also use the forex market.

hope this helps:)sorry if it doesnt

User Azarias
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