International transactions between two currencies other than the U.S.dollar often use the dollar as a vehicle currency.

Question

Quizplus · Accepted Answer

This is true. While international transactions can involve two currencies other than the U.S. dollar, the dollar is often used as a medium of exchange or a vehicle currency for these transactions. This is because the U.S. dollar is one of the most widely accepted and utilized currencies in the world, making it convenient to use as an intermediary for transactions between other currencies.

International Transactions Between Two Currencies Other Than the U