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What is the currency trading system?

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Anonymous

12y ago
Updated: 8/20/2019

The financial market allows businesses to use the currency trading system in order to pay for a certain amount of currency using a different type of currency. This way businesses can exchange two different currencies.

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Wiki User

12y ago

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What economic system depends on trading items without cash or currency?

The barter system


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Forex trading is essential a money market trading system, allowing foreign currency to be traded around the world. The importance of Forex trading is that it determines the value of each currency across the world. Forex trading enhances trading between countries by enabling funds to be easily converted from one currency to another.


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