Answer-Which region poses significant competition to GFCs?

GFCs face increasing competition from emerging financial centers, particularly in Asia and the Middle East. These centers are rapidly developing their financial industries and attracting investment and talent. GFCs may struggle to maintain their competitive edge in the face of this competition, particularly as emerging centers become more established and gain greater market share.

Question

Which region poses significant competition to

GFCs?

A Europe

B North America

C Asia and the Middle East

D Africa

E Australia

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Solution