An Increasing Number of Nations Are Recognizing the Need of Coordinating

question 62

Multiple Choice

An increasing number of nations are recognizing the need of coordinating the regulatory activities so that all financial firms,serving international markets,operate under similar rules.This is known as:

• A)reconciliation
• B)accord
• C)consolidation
• D)convergence
• E)harmonization

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Definitions:

Identification

The psychological process by which an individual aligns themselves with the attitudes, beliefs, or behaviors of another person or group.

Superegos

A component of Freud's psychoanalytic theory that represents the internalized societal standards for right and wrong, working to restrain unacceptable impulses of the id.

Unconditional Positive Regard

An attitude of total acceptance and support towards a person regardless of what they say or do, often used in therapeutic settings.

Healthy Personality

A state of mental well-being where an individual realizes their own abilities, can cope with normal stresses of life, work productively, and is able to make contributions to their community.