1. The value of the multinational financial system is based on the ability to take advantage of
tax arbitrage
financial market arbitrage
regulatory system arbitrage
all of the above
2. Which one of the following is NOT a factor in developing a global remittance policy?
number of financial links
global investment yields
ownership patterns
volume of transactions
3. ______ is the pricing of internally traded goods for the purpose of moving profits to a more tax-friendly nation.
Transfer pricing
Leading and lagging
Arm's length pricing
Advanced pricing