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Is it true-you were given or inherited mony from another country?
Scam. Don't fall for it. The first thing that happens is they ask you to send some money. They'll be the ones who get money from another country--yours.
What accurately describes the process of currency exchange?
Money from one country is bought using money from another country.
What country does not owe money to another country?
Israel and Switzerland
How does specialization encourage trade?
Specialization encourages trade because it is a skill that someone has to make money. When a country has a great amount of a particular product, they specialize in it. If Another Country has the same condition as the first country, they'll specialize in it also. Once that happens, they'll exchange, or trade. So, specialization encourages trade by realizing what another country has!
What does leakage in tourism mean?
It means where someone buys a hotel in Another Country and the money made goes back to the country on which the hotel owner lives in, so the country doesn't make money
What best describes the exchange of currencies?
In currency exchange, money from one country is bought using money from another country.
What is conversion and how do you change it to Philippine money?
Conversion is the process of exchanging the money of one country for a roughly equivalent value of money from another country. You change money to Philippine piso by taking your US dollars, British pounds, Euros, Mexican pesos or other money and go to a bank or currency exchange. There you tell them how much Philippine money you want and they will tell you home much of another country's money you need t pay. Or you tell them how much of another country's money you have and they will tell you how much Philippine money it will buy.
Describes the exchange of currencies what best describes the exchange of currencies?
Money from one country is bought using money from another country.
Which is the easiest and safe way to transfer large ammount of money millions in another country?
The easiest way to transfer large amounts of money in another country is via a bank transfer.
Why does a country borrows money from another country and not just print more?
It messes up the economy.
Money paid by one country to another in return for protection?
Tribute
Price of one country's currency in terms of another country's currency?
Exchange rate is the term that defines how much of country A's money you could buy with a set amount of country B's money.
