What does the international banking system consist of? A. A set of tightly enforced capital controls

B. A union of government-run banks and monetary funds

C. A decentralized set of central and private banks

D. A network of world economic institutions

The correct answer is D. The international banking system consists of a network of world economic institutions.

Explanation:

The international banking system is a group of banks, financial associations, international economic groups and financial control authorities that, representing private interests and nations and through the signing of various treaties and agreements, regulate banking and financial activity both in the public and private spheres, affecting not only the economies of the different countries but the investment and development possibilities of billions of people. In general, the largest investment banks worldwide (such as JP Morgan Chase, HSBC, Wells Fargo, etc.) and the central banks of the different nations are part of this system, which in turn has the IMF and the World Bank, among other international organizations.

answertaxable income;