⚡ Rakhi Special - Flat 52% off on All Courses from 6 to 10 Aug! ⚡ Enroll Now

    Question

    What is the role of political stability in the success

    of a global financial center?
    A It is not important Correct Answer Incorrect Answer
    B It can create an environment that is conducive to doing business and attracts investment Correct Answer Incorrect Answer
    C It can lead to concentration of financial activity Correct Answer Incorrect Answer
    D It can exacerbate inequality both within and across countries Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Political stability and a favorable business environment: This includes factors such as low taxes, flexible labor laws, and a strong legal system that protects property rights and enforces contracts. These factors create an environment that is conducive to doing business and attracts investment.

    Practice Next
    More Regulation and supervision Questions
    ask-question