Thanks to Computers, the International Flow of Money Has Become

question 2

Multiple Choice

Thanks to computers, the international flow of money has become

• A) harder to follow.
• B) so regulated that the best way to transfer cash is in a suitcase.
• C) easier to regulate.
• D) much slower.

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Definitions:

Spread

The difference between two prices, rates, or yields, often measuring the gap between bid and ask prices or between interest rates.

Commitment

A pledge or obligation to do something, often used in the context of agreements or contracts.

Standby Underwriting

A type of underwriting where the underwriter agrees to buy any remaining shares not sold in a public offering, ensuring the issuing company sells all shares.