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.

Question

Quizplus · Accepted Answer

The internationalization of financial markets has allowed companies to search for low-cost funds globally, as well as increased the availability of American Depository Receipts (ADRs) on the New York Stock Exchange. It has also resulted in an increase in debt obligations denominated in foreign currency on U.S. corporate balance sheets. Therefore, all of the options provided are correct.

The Increase in the Internationalization of Financial Markets Has Led