Multiple Choice
Settlement risk is important because
A) of the interdependent nature of many international transactions.
B) of the impact on sovereign country risk.
C) problems may induce countries to limit the freedom of international capital flows.
D) the electronic funds transfer network itself may become insolvent.
E) the Fed's guarantee may prove to be even more costly to the Federal government than the thrift debacle.
Correct Answer:

Verified
Correct Answer:
Verified
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