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Why are foreign exchange rates necessary in trade?
A) Rates help to balance imports and exports.
B) Rates help ensure cultural exchanges across borders.
C) Rates help to compare prices stated in foreign currency.
D) Rates help to compare the supply and demand of goods traded between countries.

User Faya
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2 Answers

3 votes

Answer:

d

Step-by-step explanation:

User Rosy
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1 vote
The correct answer is C
User Kspacja
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