the use of technology such as telephones and computers means that money exchanges and other financial transactions can be
a. sensitive to variations in any currency
b. made instantaneously
c. based on US dollars all over the world
d. converted to prices in any currency

Question

the use of technology such as telephones and computers means that money exchanges and other financial transactions can be
a. sensitive to variations in any currency
b. made instantaneously
c. based on US dollars all over the world
d. converted to prices in any currency

anonymous · Answer

1. Trade Surplus
2. supply and demand
3. it can be exchanged for more of a foreign currency
4. made instantaneously
5. multiply the number of dollars by the number of units of the other currency per dollar