Deregulation of capital markets resulted in all of the following EXCEPT ________.

Question

Quizplus · Accepted Answer

Deregulation of capital markets has led to increased competition and lowered the cost of financial transactions. It has also opened many national markets to global investing and borrowing. However, it has not reduced the use of microcredit. In fact, microcredit has become an increasingly popular way to provide financial services to low-income individuals and small businesses in developing countries.

Deregulation of Capital Markets Resulted in All of the Following