Question 39. Which of the following best paraphrases the underlined sentence in paragraph 3? Because transfers are disintermediated and near...
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Question 39. Which of the following best paraphrases the underlined sentence in paragraph 3?
Because transfers are disintermediated and near-instant, micro-remittances cease to be prohibitive and become routine.
A. Since bank branches are ubiquitous, sending very small amounts benefits from bulk discounts and guaranteed same-minute settlement in corridors.
B. Cutting regulators out ensures any transfer, regardless of size, is immediately free and legally incontestable across all jurisdictions worldwide.
C. By removing middlemen and reducing delay, tiny cross-border payments stop incurring punitive frictions and become practical everyday transactions.
D. Because AML checks are optional, most micro-payments bypass oversight, allowing remitters to avoid compliance while enjoying premium exchange rates.
