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Vsevolod [243]
3 years ago
8

Which of the following is an example of a financial market?

Business
1 answer:
ale4655 [162]3 years ago
7 0

Answer:

A. A local coffeehouse where people regularly buy and sell financial instruments.

Explanation:

A local coffeehouse where people regularly buy and sell financial instruments is an example of a financial market because by definition a financial market is a place where people buy and sell financial securities and derivatives at minimal transaction costs.

Although in the scenario above it is strange that the location is a coffee shop, however, what is actually essential is the fact that the activities that defines a financial market is taking place therein.

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