Asked by Lonette McMorris on Jul 06, 2024
Verified
In international financial transactions, what are the only two things that individuals and firms can exchange?
A) currency and real assets
B) services and manufactured goods
C) assets and currently produced goods and services
D) currency and currently produced goods and services
Financial Transactions
Activities involving the exchange of money or assets between parties, which can include investments, loans, purchases, and sales.
Real Assets
Assets that have intrinsic value due to their substance and physical properties, such as real estate, commodities, or natural resources.
- Understand the principles of international commerce, what it encompasses, and its importance within the worldwide economic system.
- Differentiate among various kinds of global transactions and their distinct effects on a country's balance of payments.
Verified Answer
CJ
CORPUZ, Jahelma M.Jul 08, 2024
Final Answer :
C
Explanation :
In international financial transactions, individuals and firms can exchange assets (which include stocks, bonds, real estate, etc.) and currently produced goods and services (which encompass all the tangible goods and intangible services produced within a certain time frame). These exchanges cover the broad spectrum of economic activities that cross international borders.
Learning Objectives
- Understand the principles of international commerce, what it encompasses, and its importance within the worldwide economic system.
- Differentiate among various kinds of global transactions and their distinct effects on a country's balance of payments.