In International fiNancial Transactions, What Are the Only Two Things

question 292

Multiple Choice

In international financial transactions, what are the only two things that individuals and firms can exchange?

• A) currency and real assets
• B) services and manufactured goods
• C) assets and currently produced goods and services
• D) currency and currently produced goods and services

---

Definitions:

Written Laws

Legal rules and regulations that are formally documented and established by legislative bodies.

Court Decisions

Judicial rulings or verdicts handed down by a court in resolving legal disputes.

Administrative Law

The body of law created by administrative agencies in order to carry out their duties and responsibilities.

Regulatory Environment

The system of rules and norms governing the conduct of businesses and organizations, enforced by governmental agencies.