Which one of the following factors does NOT promote well-functioning financial markets?

Question

Quizplus · Accepted Answer

High tariffs restrict the flow of goods and services, which can hinder trade and economic growth, ultimately leading to a negative impact on financial markets. Therefore, high tariffs do not promote well-functioning financial markets. The other options listed, secure property rights, easily enforceable contracts, and transparency in financial statements, all encourage stability and confidence in financial markets, ultimately leading to their well-functioning.

Which One of the Following Factors Does NOT Promote Well-Functioning