Why do Australians have to exchange currency in order to trade with other countries I needs help please

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hannahthepro hannahthepro

14-03-2019
Social Studies

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Why do Australians have to exchange currency in order to trade with other countries I needs help please

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MrsWhitfield2018 MrsWhitfield2018 · Answer 1 · 2019-03-25T13:15:56+01:00

MrsWhitfield2018 MrsWhitfield2018

25-03-2019

Australians have to exchange currency in order to trade with other countries because:

D) Businesses in other countries use their own currency, not the Australian dollar.

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kanikabajaj294 kanikabajaj294 · Answer 2 · 2022-05-21T12:17:22+02:00

The Australians have to exchange currency to trade with other countries because businesses in other countries use their currency, not Australian dollars.

What do you mean by exchange rate?

An exchange rate refers to the value of one currency in comparison with another currency.

Australians have to exchange currency to trade with other countries because businesses in other countries use their currency, not Australian dollars.

Therefore, D is the correct option.

Learn more about the exchange rate here:

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