During the next several years, the major threat to the dominance of the U.S. mon

ID: 2627390 • Letter: D

Question

During the next several years, the major threat to the dominance of the U.S. money and capital markets is expected to come from:

D. the huge Chinese economy and its billion-plus people.

I know that the answer is not D

A. Russia's difficulty in transforming its economy into a capitalistic one. B. Japan's prolonged recession and banking crisis. C. the Eurozone countries comprising the European Monetary Union and a single currency.

D. the huge Chinese economy and its billion-plus people.

I know that the answer is not D

Explanation / Answer

C. the Eurozone countries comprising the European Monetary Union and a single currency.

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During the next year, the market risk premium, is expected to fall, while the ri

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During the next several years, the major threat to the dominance of the U.S. mon

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