The benefits of the internationalization of financial markets are described by C. The European banks that held U.S. mortgages earned a return on those holdings.
Economic Markets encompass any vicinity or device that offers customers and dealers the approach to change monetary devices, together with bonds, equities, numerous global currencies, and derivatives. monetary markets facilitate the interaction among folks that want capital with the ones who have the capital to invest.
An economic market is a market in which humans alternate financial securities and derivatives at low transaction expenses. some of the securities consist of shares and bonds, raw substances, and precious metals, which might be acknowledged within the financial markets as commodities.
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A. The U.S. and European financial markets became interdependent.
B. Both U.S. and European banks faced strict financial regulation long dash—for example, the Sarbanes-Oxley Act of 2002long dash—that improved auditing processes and the quality of the information provided in corporate financial statements.
C. The European banks that held U.S. mortgages earned a return on those holdings.
D. European banks provided needed capital to U.S. financial markets to support borrowing for new home construction.
