Question

What does the International Financial System cover and include?

a.

Only domestic financial institutions

b.

Financial markets for international trade and exchange of currencies and more

c.

Historical events in international finance

d.

Agricultural trade and policies

Answer: (b).Financial markets for international trade and exchange of currencies and more Explanation:The International Financial System covers and includes the complete range of interest and return-bearing assets, bank & non-bank financial institutions, and financial markets for international trade and exchange of currencies.

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Q. What does the International Financial System cover and include?

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