Answer in step by step with explanation.Don't use Ai and chatgpt Approximately how many different currencies areused to make international payments for goods andservices?a. 50b. 100c. 150d. 200

Let's think through this step-by-step:1) The global economy is dominated by a few major currencies,…

Answered: Approximately how many different…

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter34: International Finance

Section34.3: Fixed Exchange Rates

Problem 2ST

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Approximately how many different currencies are used to make international payments for goods and services? a. 50 b. 100 c. 150 d. 200