6) During the past twenty years A) the volume of worldwide cross-border transact
ID: 1235278 • Letter: 6
Question
6)During the past twenty years
A)
the volume of worldwide cross-border transactions in stocks and bonds grew very rapidly, but the volume of international bank lending declined.
B)
the volume of worldwide cross-border transactions in stocks and bonds and the volume of international bank lending both grew rapidly.
C)
the volume of international bank lending grew very rapidly, but the volume of worldwide cross-border transactions in stocks and bonds declined.
D)
global investment in the stock of multinational corporations in 1990 was lower than it had been in 1980.
Explanation / Answer
the volume of worldwide cross-border transactions in stocks and bonds and the volume of international bank lending both grew rapidly.