One reason for the extraordinary growth of foreign financial markets is
A)decreased trade.
B)increases in the pool of savings in foreign countries.
C)the recent introduction of the foreign bond.
D)slower technological innovation in foreign markets.

Question

Quizplus · Accepted Answer

Increases in the pool of savings in foreign countries have led to the growth of foreign financial markets. As individuals and businesses in foreign countries accumulate more savings, they need options for investing and growing their wealth. This has led to the expansion of foreign financial markets, as there is a greater demand for investment opportunities.

One Reason for the Extraordinary Growth of Foreign Financial Markets