Which of the following is not a factor in the integration of financial markets throughout the world?
A) Increased institutionalization of financial markets.
B) Advances in telecommunications and computer technologies.
C) Deregulation or liberalization of major financial markets.
D) Expanded role of the World Bank.
E) None of the above.

Question

Quizplus · Accepted Answer

The expanded role of the World Bank is not a direct factor in the integration of financial markets globally. The integration is primarily driven by increased institutionalization, advances in technology, and deregulation of financial markets, rather than the activities of the World Bank, which focuses on providing financial and technical assistance to developing countries for development programs (e.g., infrastructure, health) that are expected to improve economic prospects and quality of life.

Which of the Following Is Not a Factor in the Integration