How are large sums of money transferred between nations?

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Say country A sends some billions of dollars to country B in aid or in exchange for some resource. How does the actual transfer take place? How does the wealth of country A decrease and the wealth of country B increase?

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Anonymous 0 Comments

Usually it is not the country itself that pays, it is company of nation A that pays company nation B.

Payment is done using banks, in the same way as when you buy an house or a car.

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