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Business
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Money and Capital Markets
Quiz 4: The Future of the Financial System and the Money and Capital Markets
Path 4
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Question 41
Essay
What is meant by the term homogenization? What do you think is motivating this trend toward service homogenization today? Why is it likely to be more important in the future?
Question 42
Essay
How can we reduce risk in the financial sector?
Question 43
Essay
What are the principal types of risk encountered by financial institutions?
Question 44
Essay
In what ways can we promote and protect public confidence in the financial-services sector of the economy? Why is this important to the public and to financial institutions?
Question 45
Essay
What technological changes are likely to have the greatest impact on the production and delivery of financial services to the public in future years?
Question 46
Essay
Why do you think consolidation and convergence are taking place today in the financial-services sector of the economy? What are their consequences for the managers of financial institutions? For regulators of finance-service institutions?
Question 47
Essay
What exactly is meant by the concept of functional regulation? What are its advantages and disadvantages for financial institutions and their customers?
Question 48
Essay
In what ways is regulation of the financial-services sector changing? What new types of regulation and deregulation can be expected in the future?
Question 49
Essay
What is happening to the global payments system today? What changes in the payments system seem likely for the future? Why are these changes important to both financial institutions and to their customers?