In Recent Years, the Global Movement of Money Has Been

question 21

Multiple Choice

In recent years, the global movement of money has been enhanced primarily by

• A) establishment of new stock exchanges in London, New York, and Tokyo.
• B) improvements in electronic communications.
• C) relocation of production from core to peripheral regions.
• D) uneven development of national banking sectors.
• E) safeguards to ensure that economic recessions do not result from bank policies.

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Definitions:

Ongoing

Continuing in progress, operation, or development without immediate termination.

Mutually Beneficial

A situation, agreement, or relationship that provides advantages or positive outcomes to all parties involved.

Outsourcing

Outsourcing is the practice of hiring third-party service providers to handle certain business functions or operations outside the company to save costs and focus on core competencies.

Outside Vendors

External organizations or individuals that supply goods or services to a company, often in areas not core to the company’s main business.