Multiple Choice
Martin Wolf identifies the following benefits of modern finance:
A) it allows the creation of vast enterprises out of the combined capital, supplied at modest cost, by millions of individual investors
B) it facilitates risk sharing
C) it allows the creation of vast enterprises out of the combined capital, supplied at modest cost, by . millions of individual investors AND it facilitates risk sharing
D) it has developed as an industry in its own right employing millions of people
Correct Answer:

Verified
Correct Answer:
Verified
Q24: The trend towards increasing international use of
Q25: Currency crises spread in several ways, including:<br>A)
Q26: Balance of payments difficulties are a source
Q27: The twin deficit problem refers to deficits
Q28: The term 'international operations' encompasses:<br>A) international trade<br>B)
Q30: Which of the following is NOT a
Q31: The introduction of the euro as a
Q32: Which of the following statements is UNTRUE?<br>A)
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Q34: The globalisation of finance has been driven