Companies have a tendency to prefer handling international business transactions with their own country's currency rather than with the currency of another country.

Question

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Many companies prefer to use their own country's currency for international transactions because they are more familiar with its value and exchange rate. This helps them avoid the risk of currency fluctuations and ensures that they know exactly how much they will be paying or receiving. Additionally, some countries may have restrictions or regulations on using foreign currencies for transactions, which can make it difficult or costly to do so.

Companies Have a Tendency to Prefer Handling International Business Transactions