ECONOMICS
BALANCE OF PAYMENTS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ is the cross-border purchase of assets that are then managed in a way that hides the movement of money and its ownership.
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Irrational exuberance
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Capital flight
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Capital mobility
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Money laundering
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Explanation:
Detailed explanation-1: -What are cross-border payments? Cross-border payments are financial transactions where the payer and the recipient are based in separate countries. They cover both wholesale and retail payments, including remittances.
Detailed explanation-2: -Placement. Layering. Integration/extraction. 26-Jul-2022
Detailed explanation-3: -Placement. Layering. Integration. Examples of the Money Laundering Stages.
Detailed explanation-4: -Bank transfers. International wire transfers. Electronic funds transfers. Credit card payments. Debit card payments. Prepaid debit card payments. Global ACH payments. Digital currencies.
There is 1 question to complete.