Financial integration refers to
A)the ability of persons of different races and religions to obtain access to financial services.
B)the way in which financial markets are tied together geographically.
C)the ability to easily convert investments in common stock into investments in corporate bonds.
D)the difference between interest rates offered by commercial banks and those offered by savings and loan associations.

Question

Quizplus · Accepted Answer

Financial integration refers to the linking of financial markets, institutions, and systems in different countries. It involves the free flow of capital across borders, making it easier for investors to invest in different countries and for businesses to obtain financing from global sources. The degree of financial integration can vary depending on factors such as market regulations, geopolitical events, and economic policies.

Financial Integration Refers to