What are cross-border transactions?
Correct answer: A. Movement across borders of countries of goods, people, money, investments etc.
- A. Movement across borders of countries of goods, people, money, investments etc.
- B. Globalization
- C. International trade
- D. None of the above
Explanation
Cross-border transactions involve the movement of goods, people, money, investment or other resources between countries. International trade covers mainly goods and services, so option a is the broader and more accurate definition.
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