The Increase in the Internationalization of Financial Markets Has Led

question 33

Multiple Choice

The increase in the internationalization of financial markets has led to

• A) companies searching the global financial markets for low cost funds.
• B) an increase in American Depository Receipts (ADRs) on the New York Stock Exchange.
• C) an increase in debt obligations denominated in foreign currency on U.S. corporate balance sheets.
• D) all of these.

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Definitions:

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Tar Sand Oil

A viscous form of petroleum found in sand deposits, which requires intensive extraction and processing methods.

Coal-Burning

The process of combusting coal to produce energy, resulting in the generation of carbon dioxide and other pollutants that contribute to air pollution and climate change.

Eastern Canada

Refers to the eastern portion of Canada, including provinces such as Quebec and Newfoundland, characterized by its culture, climate, and geographic features.