Business Studies

Dollar and pound sterling are the commonly preferred currencies for international trade.


ANSWER

True


SOLUTION
U.S. Dollar Is the Global Currency. A global currency is one that is accepted for trade throughout the world. Some of the world's currencies are accepted for most international transactions. The most popular are the U.S. dollar, the euro, and the yen.
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TRUE/FALSE Medium Published on 18th 08, 2020
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