Hard currencies are currencies that are traded, and thus have value, on international money markets.

Name: Hard currencies are currencies that are traded, and thus have value, on international money markets.
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Question

Quizplus · Accepted Answer

This is correct. Hard currencies are those that are widely accepted and traded on international foreign exchange markets, giving them a high level of value and liquidity. Examples of hard currencies include the US dollar, euro, Japanese yen, and British pound.

Hard Currencies Are Currencies That Are Traded, and Thus Have