Offshore banking and finance have seen major growth in the world economy since the 1970s. Major clusters occur in different time zones associated with different major financial centres. Which cluster is most associated with Tokyo's stock exchange and banks?

Question

Quizplus · Accepted Answer

The South Pacific cluster is most associated with Tokyo's stock exchange and banks due to its close proximity to Japan and historical ties to the country. This cluster includes countries such as the Cook Islands, Vanuatu, and Samoa, which have become popular locations for offshore companies and banks.

Offshore Banking and Finance Have Seen Major Growth in the World