The cash obtained from drug sales in the United States is physically smuggled out of the country because it cannot be legally exported without disclosure. This describes what phenomenon?

Question

Quizplus · Accepted Answer

This describes money laundering, which is the process of making large amounts of money generated by a criminal activity, such as drug trafficking, appear to be legally obtained. Smuggling cash out of the country to avoid disclosure is a common method used in the money laundering process.

The Cash Obtained from Drug Sales in the United States