Question

What has led to the increasing importance and intricacies of international finance and its management?

a.

Slow growth of world trade

b.

Fast growth of world output

c.

Slow growth of international finance

d.

Fast growth of world trade

Answer: (d).Fast growth of world trade Explanation:The world trade has grown at a pace much faster than the world output, leading to the increasing importance and intricacies of international finance.

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Q. What has led to the increasing importance and intricacies of international finance and its management?

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