Solved

When a Good Is Exported from One Country to Another

Question 43

Multiple Choice

When a good is exported from one country to another, the exporting company gets


A) the currency of the importing country and can only buy goods from the importing country with it.
B) its own currency from buyers in importing country that those buyers have been holding for this circumstance.
C) its own currency because the importer has arranged to get that currency through the foreign exchange market.
D) a combination that is half its own currency and half in the currency of the importing buyers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents