Most of the daily international flow of money is due to
A) trade in goods.
B) trade in services.
C) the buying and selling of bonds, securities, currencies, and other financial instruments.
D) tourism.
E) entertainment.

Question

Quizplus · Accepted Answer

The buying and selling of bonds, securities, currencies, and other financial instruments create most of the daily international flow of money. While trade in goods and services and the tourism and entertainment industries do contribute to global financial flows, they are not nearly as significant as financial transactions.

Most of the Daily International Flow of Money Is Due