Rugs Pier 1
Suppose that Pier 1™ Imports purchases 20,000 Persian rugs from Morocco.?
The company would pay for the rugs with
US dollars
Moroccan currency
the question is would the company (Pier 1) pay for the rugs in us currency or moroccan currency
There are no Persian rugs for sale in Morocco that I’ve ever seen. There are Berber rugs though. Persian rugs are from Iran. The money can be exchanged at a bank whatever currency it’s paid in.
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