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Author Question: Stella, who works and lives in San Diego, wants to send money to her mother who lives in a small ... (Read 929 times)

nummyann

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Stella, who works and lives in San Diego, wants to send money to her mother who lives in a small village south of Puerto Vallarta, Mexico. Stella typically uses Western Union to handle the transaction.
 
  Which of the following is the most likely reason that Stella uses Western Union?
  A) no fees
  B) convenience
  C) low exchange rates
  D) cross rate capability

Question 2

Which of the following handles the majority of all foreign-exchange activities?
 
  A) multinational enterprises
  B) commodities exchanges
  C) commercial banks
  D) regional banks


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jrpg123456

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