The Single European Act prevented a trend toward increased globalization in the banking industry.

Name: The Single European Act prevented a trend toward increased globalization in the banking industry.
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Question

Quizplus · Accepted Answer

The Single European Act actually helped to promote and facilitate increased globalization in the banking industry, by removing barriers to the movement of capital and creating a single market for financial services across the EU.

The Single European Act Prevented a Trend Toward Increased Globalization