Which of the Following Was Most Responsible for the Collapse

question 54

Multiple Choice

Which of the following was most responsible for the collapse of Barings Bank?

• A) bankruptcy proceedings
• B) failure to monitor the activities of its traders
• C) index arbitrage
• D) index futures and options trading
• E) the 1991 fall in share prices on the Tokyo stock exchange

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Definitions:

Jean Piaget

A Swiss psychologist known for his pioneering work in child development and cognitive psychology.

Cognitive Stage

A phase of cognitive development in individuals characterized by specific capabilities of thinking, understanding, and processing information.

Concrete Operational

A stage in cognitive development theory where children gain the ability to think logically about concrete events.

Middle-Aged Americans

Refers to adults in the United States typically aged between 45 and 65, often experiencing unique social, economic, and health-related issues.