Economics · Foreign Exchange

A currency widely accepted around the world for international trade and whose supply is relatively lower than its global demand is termed as:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Soft Currency
2Fiat Currency
3Hard Currency✓
4Local Currency

Correct answer

Hard Currency

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A currency widely accepted around the world for international trade and whose supply is relatively lower than its global demand is termed as:

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A currency widely accepted around the world for international trade and whose supply is relatively lower than its global demand is termed as:

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