The statements which correctly describes the benefits of the internationalization of financial market are The European banks made money on the American mortgages they held., The U.S. financial markets received the necessary money from European banks to support financing for the building of new homes.
More about internationalization of financial market:
The internationalization of financial services—removal of impediments to cross-border financial service provision and elimination of disparate treatment of domestic and foreign providers of financial services—is of universal interest.
Internationalization of financial market also expands the market supply and demand of the market and brings her revenue and increases country's economic worth.
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