Which of the following is a characteristic of most offshore financial centers?
A)political stability
B)services for residents
C)accounting scandals
D)a lack of legal expertise

Question

Quizplus · Accepted Answer

Political stability is a key characteristic of most offshore financial centers. This is because stability helps to attract investors, both domestic and foreign, who are seeking a safe haven for their money. In addition, political stability also provides a favorable environment for businesses, enabling them to operate efficiently and profitably.

Which of the Following Is a Characteristic of Most Offshore