Multiple Choice
What is globalization?
A) The process that causes an FI to focus more intensely on their own domestic market.
B) Acceptance of the Federal Reserve as the regulator of the world financial system.
C) Usually refers to the initiation of GLOBEX, a new international financial communications and trading system.
D) The evolution of markets and institutions so that geographic boundaries do not restrict financial transactions.
E) Joint ownership of international electronic payments systems.
Correct Answer:
Verified
Correct Answer:
Verified
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