• 2022-06-16
    Financial innovation has led to closer integration of other financial firms with financial markets, greatly expanding their scope of business and enhancing market competitiveness.
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      Main objective of analysis of financial statements is ( ) A: To know the financial strength B: To make a comparative study with other firms C: To know the efficiency of management D: To know the business strategy

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      Financial innovation and financial regulation affect and promote each other. The specific manifestation is that financial regulation stimulates financial innovation, and financial innovation increases the difficulty of regulation and promotes the development of regulation.

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      The<br/>current structure of financial markets can be best understood as the<br/>result of attempts by financial market participants to A: adapt to continually changing government regulations. B: deal with the great number of small firms in the United States. C: reduce transaction costs. D: cartelize the provision of financial services

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      Competition in the financial market has profits.

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      Financial crises A: are major disruptions in financial markets that are characterized by sharp declines in asset prices and the failures of many financial and nonfinancial firms B: occur when adverse selection and moral hazard problems in financial markets become more significant C: frequently lead to sharp contractions in economic activity D: are all of the above