What is a soft currency?

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Economics · Economics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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A currency whose value is expected to fall relative to other currencies.

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Answer 1

A currency pegged to the price of gold.

Answer 2

A currency issued by a country with a large trade surplus.

Answer 3

A currency that is widely accepted in international transactions.

Answer 4

A currency whose value is expected to fall relative to other currencies.

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