Countries can engage in trade with each other only if

Question

Quizplus · Accepted Answer

In order to engage in trade, countries need to be able to exchange currencies. Without this ability, they would not be able to pay for imports or receive payment for exports. International trading agreements and established exchange rates can facilitate trade, but they are not necessary prerequisites for trade to occur. The trade does not need to be bilateral, and shared currency between trading nations is also not necessary.

Countries Can Engage in Trade with Each Other Only If