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What are the advantages and disadvantages of using currency abroad?
If you bring dollars to India, as one U.S dollar is 49 rupess , then you can find things pretty cheap when you convert it.
What are the dis advantages of using foreign currency to the economy?
Using foreign currency can lead to several disadvantages for an economy, including reduced control over monetary policy, as the country may be unable to adjust interest rates or manage inflation effectively. Additionally, reliance on foreign currency can expose the economy to exchange rate fluctuations, potentially destabilizing prices and trade. It may also inhibit the development of a domestic currency, leading to a lack of confidence in local financial institutions and limiting economic growth. Lastly, using a foreign currency can create challenges in managing fiscal policies, as government revenues may not align with expenditures in a foreign denomination.
What were the disadvantages to use sliver as a currency?
the disadvanteges of using silver is silver would not stay around longer but using the currency metals used in quarters will last longer
What describes what is done with foreign currency in the currency exchange market?
Bought and sold using different foreign currencies.
Advantages and disadvantages of nominal scale?
The advantage of using a nominal scale is that it can help with classification. The disadvantage of using a nominal scale is that it is the most primitive system.
What were 3 advantages the American colonists had in using African slaves instead of natives to labor on the plantations?
African's didn't know the land well so they couldn't run away easily
What is currency acceptable?
dollar currency using as a global currency
What are the advantages and disadvantages of using currency abroad?
If you bring dollars to India, as one U.S dollar is 49 rupess , then you can find things pretty cheap when you convert it.
What currency is accepted worldwide?
dollar currency using as a global currency
What are the advantages of using ict for a leaflet?
advantages of using ICT
What country is franc money used in?
Countries currently using a currency called "franc"Countries - CurrencyBenin - West African CFA francBurkina Faso - West African CFA francBurundi - Burundi francCameroon - Central African CFA francCentral African Republic - Central African CFA francChad - Central African CFA francRepublic of the Congo - Central African CFA francDemocratic Republic of the Congo - Congolese francComoros - Comorian francCôte d'Ivoire - West African CFA francDjibouti - Djiboutian francEquatorial Guinea - Central African CFA francGabon - Central African CFA francGuinea - Guinean francGuinea-Bissau - West African CFA francLiechtenstein - Swiss francMali - West African CFA francNiger - West African CFA francRwanda - Rwandan francSenegal - West African CFA francSwitzerland- Swiss francTogo - West African CFA francFrancs were used in France, Belgium and Luxembourg until 2002, when they were replaced by Euros.
What currency is used on board the rovos rail?
On board the Rovos Rail, the currency used is the South African Rand (ZAR). Passengers can settle their accounts for onboard services and purchases using this currency. It's advisable to have some cash on hand, although credit cards are also accepted for larger transactions.
Advantages of using Sat Nav?
what is the advantages of using a sat nav.
What are advantages and disadvantages of using a heligimbal?
what are the advantages and disadvantages of using a heligimbal
What country uses franc?
Francs are the currency of Switzerland. They are currently used by Switzerland, Liechtenstein and some African countries. Prior to the introduction of the Euro, the currency of France was also called the franc.
What is a durban dollar?
Durban dollars refers to a community in which, rather than using paper and coin currency, people pay for things using credit or by using livestock, fruit and vegetables...things that are needed rather than those that have a monetary value.
What is the currency using in Saipan?
The official currency of Saipan is the U.S. dollar.
