Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Direct funds transfers are more common among individuals and small businesses, and in economies where financial markets and institutions are less developed. While businesses in
Direct funds transfers are more common among individuals and small businesses, and in economies where financial markets and institutions are less developed. While businesses in growing economies like Nepal do occasionally rely on direct transfers, they generally find it more efficient to enlist the services of one or more financial institutions when it comes time to raise capital. Do you agree with this statement? If so, explain the different types financial institutions that are playing crucial role in contributing the fund for the survival and development of the economy
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started