Because the economies of the U.S.and other overseas countries have become more integrated, the risks of financial intermediation have decreased.

Question

Quizplus · Accepted Answer

The statement is false. The integration of economies may have increased the opportunities for financial intermediation, but it also increases the risks associated with it. Financial crises in one country can have a ripple effect on others, as demonstrated by the 2008 global financial crisis. Thus, the risks of financial intermediation have not decreased but have rather become more complex and interconnected.

Because the Economies of the U