select the correct answer. which currency is normally used for conducting global trade between two…

select the correct answer. which currency is normally used for conducting global trade between two countries? a. currency of the seller b. currency of the buyer c. currency of a third country d. currency of the stronger country

select the correct answer. which currency is normally used for conducting global trade between two countries? a. currency of the seller b. currency of the buyer c. currency of a third country d. currency of the stronger country

Answer

Brief Explanation:

In global trade, often a widely - accepted and stable third - country currency like the US dollar is used. It helps in avoiding the complexities of dealing with the currencies of the buyer and seller directly and is not always based on the currency of the stronger country or just the buyer/seller's currency.

Answer:

C. currency of a third country