Multicurrency mercantilism is a form of economic strategy that involves multiple countries using multiple currencies to conduct international trade. This strategy allows countries to gain an edge in the international marketplace by utilizing different currencies to purchase goods or services from other nations. It can also help countries to reduce their risk of being subject to exchange rate fluctuations. The implications of multicurrency mercantilism are that it can increase the efficiency and competitiveness of international trade, as well as reduce the risk of exchange rate volatility. It can also help countries to diversify their economic portfolios and gain an edge in the global marketplace.
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