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This is called exchanging currency, and it is usually required when traveling abroad.

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Q: Which of e following is the act of buying and selling money using other types of money?
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What are the buying and selling money using other types of money?

Exchanging Currency


What is the definition of trade?

Trade is the buying and selling of goods and services, for money - or other considerations.


What is the act of buying and selling money using other types of money?

Exchanging currencyThis is called exchanging currency, and it is usually required when traveling abroad.


What is the advantage and disadvantage of buying and selling business?

The advantage is that when we sell things we get benefit and on the other side we have to buy goods so then we get more and more money


How does Norway import and export?

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They make money by buying and selling the instruments they are designed to invest in. For ex: Equity MF's will invest in stocks, a Debt MF will invest in Bonds and other debt instruments


Can a person be charged with selling drugs if he bought it for another person with the other persons money?

yes....buying/selling drugs is illegal no matter who you purchase them for or who's money you use....In some states if you purchase drugs for someone else with money that they gave you its possible you could be charged with the more serious crime of Drug Trafficking....


Advantage of selling assets to other businesses?

You can get money.


What is Most of the daily international flow of money is due to?

A)trade in services. B)trade in goods. C)the buying and selling of bonds, securities, currencies, and other financial instruments. D)tourism.


Why are people destroying coral and selling it for money how can other people stop them?

Because selling it makes money, money is critical to life. a way to stop them is to ask them nicely


When am I buying as opposed to selling currencies?

You will always do both as you will be 'exchanging', meaning you will sell one and buy the other.


E-commerce that involves businesses buying and selling goods and services to other businesses is called?

b2c