Which Type Of Market Is The Least Likely To Have An Official Currency?Closed Economycommand Economytraditional Economymixed Market Economy

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Which Type Of Market Is The Least Likely To Have An Official Currency?Closed Economycommand Economytraditional Economymixed Market Economy. Traditional economy in which type of market would you find it the most difficult to buy goods from another country? In contrast, closed, command, and mixed market.

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The command economy is the least likely to have an official currency. This question is asking us to identify which type of market is least likely to use an official currency. A mixed market economy typically has an official currency, as it facilitates trade and economic transactions within a market framework.

In Which Type Of Market Would You Find It The Most Difficult To Buy Goods From Another Country?


Let's go through each option: A mixed market economy typically has an official currency, as it facilitates trade and economic transactions within a market framework. Which type of market is the least likely to have an official currency?

Which Type Of Market Is The Least Likely To Have An Official Currency?


Study with quizlet and memorize flashcards containing terms like what is one characteristic of a command economy?, in a mixed market economy, who makes most of the daily economic. In contrast, closed, command, and mixed market. The least likely type of market to have an official currency is a traditional economy, as it often relies on barter and trade.

This Question Is Asking Us To Identify Which Type Of Market Is Least Likely To Use An Official Currency.


The type of market that is least likely to have an official currency is the traditional economy. The closed economy is the least likely to have an official currency because it operates independently and does not engage in international trade that would require a recognized. In a command economy, the government controls all economic decisions, including resource allocation, production, and.

Traditional Economy In Which Type Of Market Would You Find It The Most Difficult To Buy Goods From Another Country?


The command economy is the least likely to have an official currency. The traditional economy is known to be original economic system in which it has factors that helps.

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