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Explain why the international trade requires a system for exchanging currencies between nations​

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Answer:Internation trade requires a system because there many different trade laws in different countries and if there were different laws, the laws may "clash."

Step-by-step explanation:

User Kiamoz
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Answer:

Step-by-step explanation:

Because if you produce goods in Japan then you use the yen as your currency (that is what you pay your taxes and workforce in). However you may sell your goods in the US and Europe. The people in the US will purchase them in dollars and in Europe in euros and you therefore need to convert these currencies into yen so that you can pay your local debts.

User Ericmarkmartin
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