Which of the following enables organizations to conduct international trade without having to resort to barter?

Question

Quizplus · Accepted Answer

The foreign exchange market allows organizations to conduct international trade by converting one currency into another, enabling them to pay for goods and services without resorting to barter. The other options (Caribbean Single Market and Economy, auction market, countertrade, and balance-of-trade equilibrium) do not directly address the issue of currency exchange in international trade.

Which of the Following Enables Organizations to Conduct International Trade