Which of the Following Is a Reason for London's Dominance

question 65

Multiple Choice

Which of the following is a reason for London's dominance in the foreign exchange market?

• A)Great Britain's decision to retain the British pound instead of using the euro,making the pound an important vehicle currency
• B)The preeminence of Financial Times Stock Exchange (FTSE)index as an economic health indicator
• C)London's geographical position making it the link between the East Asian and New York markets
• D)London being the preferred headquarters location for major multinational corporations