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Commerce · Q664

Business Finance

Graduate and Post Graduate · Commerce · question 664

Q664

Which of the following function is performed by multilateral netting?

A.
It lowers the exchange rate paid to move funds from one currency or country to another
B.
It reduces the cost of moving funds from one currency or country to another
Answer
C.
It raises the exchange rate paid to move funds from one currency or country to another
D.
It increases the cost of moving funds from one currency or country to another

Answer: Option B

Solution

Answer: Option B
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