Globalization

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Title: Globalization

Essay Details:

Subject: Business

Author: Christopher W

Date: September 13, 2015

Level: University

Grade: A

Length: 2 / 588

Essay text:

However, there is just not one type of currencies, there a few forms of currencies in the economic world today, for example, hard currencies and soft currencies. How are currencies categorized as hard and soft? A hard currency is a medium of exchange of goods, services and transactions and is recognized and accepted all over the world. In addition, a hard currency is only considered a hard currency only if it is from a politically and economically stable country (Investopedia- Hard Currency). The US dollar and the British pound are good examples of hard currencies. Many websites and readings describe soft currencies the total opposite of hard currencies...

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