Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What do countries use as the unit of value for the purchase and sale of goods and services? Multiple choice question. Each country (or group

What do countries use as the unit of value for the purchase and sale of goods and services? Multiple choice question. Each country (or group of countries) uses its own currency as the unit of value. Each country (or group of countries) uses the U.S. dollar as the unit of value. The unit of value is the currency used in the country the goods are bought or sold in

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Microeconomics

Authors: N. Gregory Mankiw

8th edition

1305971493, 978-1305971493

More Books

Students also viewed these Economics questions

Question

Pollution

Answered: 1 week ago

Question

The fear of making a fool of oneself

Answered: 1 week ago