Which of the following is considered as a major offshore center for Euromarket business?
A) Cuba
B) North Korea
C) Iran
D) Hong Kong

Question

Quizplus · Accepted Answer

Hong Kong is considered as a major offshore center for Euromarket business. It is known for its favorable tax policies, political stability, and proximity to other Asian markets. Many multinational corporations and banks have set up offshore entities in Hong Kong for their cross-border financial transactions.

Which of the Following Is Considered as a Major Offshore