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serious [3.7K]
2 years ago
8

What is the process of converting the currency of one country into the currency of another country?

Business
1 answer:
Arada [10]2 years ago
5 0

Answer:

Foreign exchange

Explanation:

The process of converting the currency of one country to another is known as foreign exchange or Forex. Converting or exchanging to a particular currency is buying that currency. One needs to have their home currency or any other currency to convert it to the desired currency.

If both currencies have equal strengths, then one unit of a currency should exchange with one unit of the other. The exchange rate would be one. Since currencies have different strengths, they convert or exchange at different rates.

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3 years ago
WILL MARK BRAINLIEST!
harkovskaia [24]

Answer:B

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6 0
3 years ago
​If a beneficiary wants to make sure that the life insurance proceeds being paid out are not exhausted before he or she dies, th
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Answer:

Option d. Fixed period

Explanation:

time is very essential. Anytime the policy owner specifies payment to be guaranteed for a specific period regardless of who is the beneficiary, policy owner or who receive the payment,is the fixed period settlement option.

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3 0
3 years ago
Buzz Appliances manufactures two​ products: Food Processors and Espresso Machines. The following data are​ available:
murzikaleks [220]

Answer

D. 4,800 Espresso Machines and 0 Food Processors

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

4 0
3 years ago
A monopoly A. ​doesn't lose any sales when it raises its price. B. must have a patent to protect its products. C. produces the m
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Answer:

A. ​doesn't lose any sales when it raises its price

Explanation:

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