Using the The Description or the Definition Below, Identify Each

Using the the description or the definition below, identify each of the key terms and concepts presented in this chapter
a. The development of new financial-service products.
b. The lifting or liberalizing of rules imposed by governments on the financial marketplace and financial institutions.
c. Financial-service firms becoming more alike in the services they offer.
d. The spreading of financial-service markets across borders and around the globe.
e. The tendency of markets to expand territorially due to the advancing technology of communications and growing competition.

Correct Answer:

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A. Financial innovation.
B. De...

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