
Which of the following statements is true of the deregulation of the financial industry?
A) Countries can strengthen the global capital market by encouraging strict regulations.
B) Financial services have historically been the most deregulated of all industries.
C) Deregulation helped the development of an international capital market.
D) Deregulation compels financial services companies to remain as domestic companies.
Correct Answer:
Verified
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A) are public investment funds that
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Q50: A purely domestic capital market faces the
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