From the following types of currencies, which is the one that is used exclusively in transactions...

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Answer 1

Answer #1

Ques1 (d) A nonconvertible currency is one that is used primarily for domestic transactions and is not openly traded on a forex market.

Ques2. (d) Acquisition, since they have acquired a cement firm chain for its operations.

Ques 3 (a) Currency Cost control, as the cost control is being done on a global level

Answer 2

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