Which statement about the effect of computers on the international flow of money is supported by the material?

Study for the JCJC Sociology Test. Use flashcards and multiple choice questions with hints and explanations. Prepare for success on your exam!

Multiple Choice

Which statement about the effect of computers on the international flow of money is supported by the material?

Explanation:
The main idea being tested is how technology affects the traceability of money moving across borders. Computers enable rapid electronic transfers that pass through many intermediaries—banks, payment processors, brokerages, and offshore entities—across multiple countries. Each step leaves data in separate systems and jurisdictions, often with varying levels of data sharing and transparency. The result is a complex, layered trail that can be difficult to reconstruct end-to-end, especially when information is dispersed, siloed, or encrypted. Because of this complexity and speed, the flow becomes harder to follow, which is why the statement that computers make the international movement of money harder to track is supported.

The main idea being tested is how technology affects the traceability of money moving across borders. Computers enable rapid electronic transfers that pass through many intermediaries—banks, payment processors, brokerages, and offshore entities—across multiple countries. Each step leaves data in separate systems and jurisdictions, often with varying levels of data sharing and transparency. The result is a complex, layered trail that can be difficult to reconstruct end-to-end, especially when information is dispersed, siloed, or encrypted. Because of this complexity and speed, the flow becomes harder to follow, which is why the statement that computers make the international movement of money harder to track is supported.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy