The decline in the dominance of U.S. financial markets has been the result of
A)the rapid post-war growth of Japan and Europe.
B)the unwillingness of U.S. financial markets to allow trading in options and futures contracts.
C)the difficulties experienced by the U.S. commercial banking system during the 1980s.
D)unfair trading practices on the part of Japan and Europe.

Question

Quizplus · Accepted Answer

The rapid post-war growth of Japan and Europe led to the emergence of their financial markets, which gradually eroded the dominance of U.S. financial markets. These regions became major players in the global economy, attracting foreign investment and expanding their financial sectors. As a result, the U.S. market share has declined, but it still retains considerable influence in global finance. The other options are not accurate in explaining the decline in dominance of U.S. financial markets.

The Decline in the Dominance of U