The Economic Council of Canada classifies financial innovations into three broad categories. Which of the below is NOT one of these?
A. market-broadening instruments
B. risk-management instruments
C. risk-broadening instruments
D. arbitraging instruments and processes
Answer:C
The Economic Council of Canada classifies financial innovations into three broad categories. Which of the below is NOT one of these?
A. market-broadening instruments B. risk-management instruments C. risk-broadening instruments D. arbitraging instruments and processes