Social Sciences, asked by praveen143213, 11 months ago

what do you mean by border system of exchange​

Answers

Answered by RonakMangal
3

Answer:

Cross-border trade (CBT) is the exchange of goods or services between two countries. ... When the two countries involved have different currencies, a cross-border payment is necessary to conclude the trade and therefore one or both parties will be subject to exchange rate risk.

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