Question
Which of the following is NOT a category of
International Financial Centers?Solution
International Financial centers can be categorized as follows, based on the size and scope of financial services offered and different regions and markets they serve. While generally all of these are some sort of global financial centres, but differ in their scope to some extent: • Traditional or Global financial centers • Regional financial centers • Non-global and non-regional, ordinary international FCs • Offshore financial centers • Niche financial centers
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