Multiple Choice
Which of the following is not a positive effect of the Basel Accord?
A) It forced regulators to change the way they thought about bank capital.
B) It promoted a more uniform international system.
C) It provided a framework that less developed countries could use to improve the regulation of their banks.
D) It provided a system to differentiate between bonds based on their systemic risk.
Correct Answer:
Verified
Correct Answer:
Verified
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