During the past twenty years
A)the volume of worldwide cross-border transactions in stocks and bonds grew very rapidly, but the volume of international bank lending declined.
B)the volume of international bank lending grew very rapidly, but the volume of worldwide cross-border transactions in stocks and bonds declined.
C)the volume of worldwide cross-border transactions in stocks and bonds and the volume of international bank lending both grew rapidly.
D)global investment in the stock of multinational corporations in 1990 was lower than it had been in 1980.

Question

Quizplus · Accepted Answer

According to the statement, both the volume of worldwide cross-border transactions in stocks and bonds and the volume of international bank lending grew rapidly during the past twenty years. Therefore, option C is the best choice. Option A and B are incorrect because they mention the growth of only one type of transaction while the statement says both grew rapidly. Option D is irrelevant to the information provided.

During the Past Twenty Years