How does competition in financial markets compare to the competition that can be found in product markets?
A) Financial markets are more competitive.
B) Financial markets are less competitive.
C) Both markets are similar in competition.
D) Financial markets are not competitive, due to regulation.

Question

Quizplus · Accepted Answer

Financial markets are generally more competitive due to the high level of transparency, the large number of participants, and the ease of entry and exit compared to product markets.

How Does Competition in Financial Markets Compare to the Competition