Question

Which of the following is NOT a category of International Financial Centers?

A Traditional or Global Financial Centers Correct Answer Incorrect Answer
B Regional Financial Centers Correct Answer Incorrect Answer
C National Financial Centers Correct Answer Incorrect Answer
D Offshore Financial Centers Correct Answer Incorrect Answer
E Niche Financial Centers Correct Answer Incorrect Answer

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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