MC16. What is the main advantage of a cross-border CBDC?
A. Lower transaction costs
B. Increased privacy
C. Improved traceability
D. Greater convenience
Answer:A
MC16. What is the main advantage of a cross-border CBDC?
A. Lower transaction costs B. Increased privacy C. Improved traceability D. Greater convenience
Explanation: Cross-border CBDCs can potentially lower transaction costs compared to traditional cross-border payments, which can be expensive and time-consuming.