Which of the Following Is True

question 59

Multiple Choice

Which of the following is true?

• A)The international financial system enables international payments to be made.
• B)The international financial system enables funds to flow across borders.
• C)The international financial system has been dramatically affected by technological changes.
• D)All of the above are correct.

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Definitions:

Cultural Pluralism

A condition in which smaller groups within a larger society maintain their unique cultural identities, and their values and practices are accepted by the wider culture.

High-context

Referring to cultures or communication styles where much of the information is understood through context rather than explicitly stated.

Xenophobia

A fear or hatred of foreigners, people from different cultures, or strangers, often manifesting in discriminatory attitudes and behaviors.

Stereotyping

A cognitive process where individuals assign specific attributes to others based on their membership in a particular social group, often leading to oversimplified and generalized beliefs.