Each nation has its own currency. Americans have the dollar, Italians have the euro, and the British

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Each nation has its own currency. Americans have the dollar, Italians have the euro, and the British have the pound. So how can they trade?

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Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Question Posted: Apr 21, 2015 09:49 AM

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Each nation has its own currency. Americans have the dollar, Italians have the euro, and the British

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If the British want American goods they need to have US dollars because thats what A...View the full answer

Principles of Economics

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