Not All Countries Allow MNCs the Freedom to Net Payments

question 72

Multiple Choice

Not all countries allow MNCs the freedom to net payments,

• A)by limiting netting,more needless foreign exchange transactions flow through the local banking system.
• B)MNCs can avoid these restrictions by using a Centralized Cash Depository.
• C)MNCs can avoid these restrictions by using wire transfers.
• D)MNCs can avoid these restrictions by using a Centralized Cash Depository,as well as by using wire transfers.

---

Definitions:

Africa

The world's second-largest and second-most populous continent, rich in cultural diversity, natural resources, and history.

English Law

The legal system of England and Wales, characterized by common law principles, parliamentary statutes, and legal precedents.

Legal Rights

Rights that are bestowed upon individuals by the legal system, including civil, political, and social rights protected by law.

Golden Cities

Symbolic or mythic representations of utopian urban areas that offer prosperity, opportunity, and an ideal living environment, often used in literature and lore.