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Internal trade is done in the currency of the country in question.
International trade is done in the currency of one of the two countries involved. If a company in country A buys something from a company B, they agree to either use the currency of country A or that of country B.
This is often the Euro, as this is the main currency used by the majority of countries in Europe.
What else can I help you with?
What trade network did the European countries provide?
Money and ships
What did European countries provide in trade network?
money and ships
Wii trade in?
There are many different things you can trade your Wii in for. You can trade this system in for another system or for money.
What was the trans Atlantic trade system?
The trade between the north american countries and the european countries.
What was the trans-atlantic trade system?
The trade between the north american countries and the european countries.
What did European countries provide in the trade network?
money and ships
The barter system is a system of trade that operates without?
money
Money replaced what system of trade?
Bartering
What system of trade did money replace?
Barter
Does th choctaw people have a money or barter system?
they had a barter system. they didn't have money, just trade goods,
What Trade the use of money and banks that lent money to merchants were characteristics of European?
The use of money and banks that lent to merchants were key characteristics of European trade during the Middle Ages and the Renaissance. This banking system facilitated commerce by providing credit to merchants, enabling them to finance larger trade ventures and reduce reliance on cash transactions. The establishment of banks, such as the Medici in Florence, helped to standardize currency and improve the overall efficiency of trade across Europe. These financial innovations contributed to the growth of a more interconnected economy and laid the groundwork for modern capitalism.
What was the Atlantic trading system?
The trade between the north american countries and the european countries.
