The most universally accepted currencies for international business transactions are the British pound, European euro, Japanese yen, and U. S. dollar, which are all considered hard currencies.

True / False.

Question

Business

Kendall Wheeler

29 July, 04:44

The most universally accepted currencies for international business transactions are the British pound, European euro, Japanese yen, and U. S. dollar, which are all considered hard currencies.

True / False.

+4

Answers (1)

Know the Answer?

Kenzie Sanford · Answer 1

Answer: True

Explanation:

The British pound, European euro, Japanese yen and US dollars are universally used for trading because of their stability and they are referred to as hard currencies.

The most universally accepted currencies for international business transactions are the British pound, European euro, Japanese yen, and U. S. dollar, which are all considered hard currencies.True / False.

The most universally accepted currencies for international business transactions are the British pound, European euro, Japanese yen, and U. S. dollar, which are all considered hard currencies.

True / False.