Blocked funds are cash flows that:
A) come in regular intervals in standardized amounts or blocks.
B) have been restricted in transfer out of a local country.
C) come from a certain sector or region of the world.
D) none of the above

Question

Quizplus · Accepted Answer

Blocked funds refer to cash flows that have been restricted or frozen by a government or regulatory authority, usually preventing their transfer to another country. Therefore, option B is the correct choice as it defines specifically what blocked funds are. Options A and C are not accurate descriptors of blocked funds. Option D is incorrect as it does not provide any information about blocked funds.

Blocked Funds Are Cash Flows That