A currency that can move between countries without the impediments associated with trade in goods and services is known as a(n) _____.

Name: A currency that can move between countries without the impediments associated with trade in goods and services is known as a(n) _____.
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Question

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A freely convertible currency is one that can be easily exchanged for another currency without government restrictions. This allows for the easy movement of the currency between countries for the purpose of trade or investment.

A Currency That Can Move Between Countries Without the Impediments