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Wednesday, 11 November 2026
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One major difference between home trade and foreign trade is that foreign trade:

One major difference between home trade and foreign trade is that foreign trade:
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  • A Satisfies consumer demands directly
  • B Encourages buying and selling
  • C Involves exchange rate systems
  • D Uses retailers and wholesalers
Correct Answer: Option C
Explanation:
Foreign trade involves transactions between different countries using different currencies, making exchange rates necessary during transactions.

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