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A monetary unit that is freely and easily converted into other currencies is

a hard currency
a soft currency.
an exchange control.
a trade credit.

User Misnyo
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1 Answer

9 votes

Answer:

A hard currency

Step-by-step explanation:

A monetary unit that is freely and easily converted into other currencies is a hard currency.

The value of this currency neither depreciates suddenly nor fluctuate to a great extend.

This currency is considered politically and economically stable by the nation.

Hard currencies can also be used as a form of payment for goods and services.