What have been the major factors contributing to growth in the global financial markets? A. The...
What have been the major factors contributing to growth in the global financial markets?
| A. |
The euro has had a notable impact on the global financial system by being an important currency for international transactions. |
|
| B. |
Deregulation of foreign capital markets has allowed many new investors to participate in international investing. |
|
| C. |
Both A and B are correct |
|
| D. |
Neither A nor B is correct |
Homework Answers
| C. |
Both A and B are correct |
Many new securities issues are denominated in the Euro, and the Euro has grown to be a reference currency for international transactions.
Many economies such as China have opened up their capital markets to foreign investors, which has opened up investment opportunities for international investors.
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