Thailand and China could not agree on trade relations,
China would not accept the official Thai Baht currency, but Thailand saw that China would readily accept South Korean Won with no problems.
Thailand decided they would try to get around the issue by purchasing a large amount of Korean *Won* to use for international trading,
But China s...
Thailand was having troubles trading with China.
China refused to accept Thailand's official currency, (the Baht) but the Thais noticed that China had no problem trading in South Korean Won.
So they made a plan to buy 3.2 trillion Won from Korea and use it as an official currency for international trade exchanges.
Unfortunately, it t...
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