A store owner in the United States buys shoes from a factory in Italy. The store owner pays in dollars, but the factory owner is paid in Euros. This is made possible by a
Question:
A store owner in the United States buys shoes from a factory in Italy. The store owner pays in dollars, but the factory owner is paid in Euros. This is made possible by a
Choices:
- bond market.
- currency exchange.
- stock exchange
- consumer market
Answer:
currency exchange.