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In Some Countries the U

Question 15

Multiple Choice

In some countries the U.S.dollar is used as a unit of account rather than the local currency.The primary reason for this is that


A) the nation has been running a trade surplus.
B) the nation has been running a trade deficit.
C) the U.S.inflation rate is higher than the local inflation rate.
D) U) S.dollars reduce the need to change prices frequently.

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