Question

What is facilitated by the international monetary system?

a.

Transfer of military technologies

b.

Conversion of national currencies into one another and more

c.

Space exploration

d.

Agricultural development

Answer: (b).Conversion of national currencies into one another and more Explanation:The international monetary system facilitates the conversion of national currencies into one another, acquisition and liquidation of financial assets, and international credit creation and realization.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What is facilitated by the international monetary system?

Recommended Subjects

Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!