Which of the following is the least likely indicator of the internationalisation of finance?
A) The volume of international bank lending
B) Convergence of inflation rates
C) the value of security transactions with foreigners
D) the value of daily turnover in the global foreign exchange market

Question

Quizplus · Accepted Answer

Convergence of inflation rates is more directly related to macroeconomic policies and conditions rather than the specific mechanisms of financial internationalization, such as international bank lending, security transactions with foreigners, or foreign exchange market activities.

Which of the Following Is the Least Likely Indicator of the Internationalisation