What forms the nervous system of the international financial community by allowing banks to move capital around at a moment's notice?
A) The World Bank
B) The International Monetary Fund
C) The Internal Revenue Service
D) electronic funds transfer systems
E) Western Union

Question

Quizplus · Accepted Answer

Electronic funds transfer systems allow banks to move capital instantly, making it a critical component of the nervous system of the international financial community. The World Bank and the International Monetary Fund are international financial institutions, while the Internal Revenue Service and Western Union are not directly related to the movement of capital among banks.

What Forms the Nervous System of the International Financial Community