Deregulated Financial Markets and Heightened Competition in Financial Services Provided

question 23

Multiple Choice

Deregulated financial markets and heightened competition in financial services provided an environment for financial innovations that resulted in the introduction of various instruments.Examples of these innovative instruments include

• A)currency futures and options,foreign stock index futures and options.
• B)multicurrency bonds.
• C)international mutual funds,country funds,exchange traded funds.
• D)all of the options

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Definitions:

Slope

Slope is the measure of the steepness or incline of a line, calculated as the ratio of the vertical change to the horizontal change between two points on the line.

Economic Growth

A rise in the output of goods and services within an economy across a specified timeframe, generally gauged by Gross Domestic Product (GDP).

Production Possibilities

A curve or frontier that shows the various combinations of different goods that an economy can produce, given its technology and resources.

Absolute Value

The distance of a number from zero on the number line, disregarding any sign it might have, making it always a non-negative value.