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Foreign exchange systems that allow traders and brokers from around the world to interact are an example of information systems that support a(n) _____ structure.

1) multinational
2) global
3) transnational
4) international

User Milli
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2 Answers

6 votes

Final answer:

Foreign exchange systems are a part of information systems that support a global structure, with MNCs playing a crucial role and technology enabling international trade at reduced costs.

Step-by-step explanation:

Foreign exchange systems that allow traders and brokers from around the world to interact are an example of information systems that support a global structure. This is reflected in the nature of multinational corporations (MNCs) that operate without regard to national borders, accumulate capital from a variety of nations, and function as key players in the global economy.

The rise in telecommunications and the Internet have further facilitated the management of long-distance economic connections, manifesting in products and services like computer software, financial advice, travel planning, and more being transported over networks at lower costs. Moreover, international agreements and treaties between countries have played a significant role in promoting global trade.

User Johnozbay
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7.9k points
1 vote

Final answer:

Foreign exchange systems exemplify information systems that support a global structure, facilitating international trade and economic interaction.

Step-by-step explanation:

Foreign exchange systems that allow traders and brokers from around the world to interact are an example of information systems that support a global structure. These systems embody the traits of the global economy where multinational corporations play a key role. These corporations operate beyond national borders and are involved in various economic connections like production and sales which can be managed through telecommunications. This interconnectedness is facilitated by the internet and various international agreements and treaties that promote increased global trade.

Foreign exchange systems that allow traders and brokers from around the world to interact are an example of information systems that support a(n) global structure. These systems connect different parts of the world and facilitate the exchange of currencies and financial instruments. With advances in technology and telecommunications, these systems have made it easier and cheaper to manage long-distance economic connections of production and sales.

User Bryan Alger
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