During the next several years, the major threat to the dominance of the U.S. money and capital markets is expected to come from

Question

Quizplus · Accepted Answer

The Eurozone countries have a single currency and increasingly integrated markets, making them a major player in the global capital markets. This creates potential competition for the dominance of the US money and capital markets. Russia's economy is not currently a significant threat to the US, and Japan's prolonged recession and banking crisis has been ongoing for years without significantly challenging the US markets. While China is a massive economy, it is still developing and faces its own challenges in capital market development.

During the Next Several Years, the Major Threat to the Dominance