Author Question: In the earliest days of international trade, ________ was the internationally accepted currency for ... (Read 40 times)

AEWBW · **on:** Jul 7, 2018

In the earliest days of international trade, ________ was the internationally accepted currency for payment of goods and services.

A) British pound
B) U.S. dollar
C) silver
D) gold

Question 2

Which of the following is most likely an advantage of Intensity accessing funds through the global capital market instead of domestic sources?

A) maturity period of instruments is restricted to less than 365 days
B) access to a vast number of competitive funding sources
C) access to short-term financing exclusively
D) reduced exposure to currency risk and rate fluctuation