Regarding the International Payments Process, Which Statement Is True

question 78

Multiple Choice

Regarding the international payments process, which statement is true?

• A) In international trade, money will flow from the country with the strongest currency to that of the weakest.
• B) The World Bank monitors the trade of its members to insure that money is flowing properly between the various countries.
• C) The World Bank monitors the national banks of its members to insure that money is flowing properly between the various countries.
• D) By international law, international trade must involve money flowing between two countries.
• E) Money does not actually have to flow between two countries.