Because the global financial market is made up of hundreds of different financial institutions rather than a central location,it can best be described as what kind of market?

Question

Quizplus · Accepted Answer

An informal market is one that lacks a central location and is made up of a network of participants or institutions. The global financial market fits this description as there is no central location and is made up of a vast network of financial institutions located around the world.

Because the Global Financial Market Is Made Up of Hundreds