International Trade and Currency Exchange

money that is used within a specific area or country

• exchange

• Canadian Dollar

• Peso

• exchange rate

• currency

currency used in Mexico

• exchange

• Canadian Dollar

• Peso

• exchange rate

• currency

currency used in Mexico

• exchange

• Canadian Dollar

• Peso

• exchange rate

• currency

currency used in Canada

• exchange

• Canadian Dollar

• Peso

• exchange rate

• currency

the rate at which one currency is exchanged for another

• exchange

• Canadian Dollar

• Peso

• exchange rate

• currency

trading one thing for another

• exchange

• Canadian Dollar

• Peso

• exchange rate

• currency

Countries frequently trade goods and services with other countries

• True

• False

Which currency is widely accepted and used throughout Canada?

• Pesos

• Dollars

• Canadian Dollars

• Canadian Pesos

There are many different countries that trade goods and services, so a(n) _____________ is established.

• currency exchange

• tariff agreement

• border

• translator agreement

Once a currency is established, it stays the same and never changes.

• True

• False