During the next ten years, the major threat to the dominance of the U.S. money and capital markets will come from
A) Russia's difficulty in transforming its economy into a capitalistic one.
B) Japan's prolonged recession and banking crisis.
C) The Euro-zone countries comprising the European Monetary Union and a single currency.
D) The huge Chinese economy and its billion plus people.
Answer: C Difficulty: Medium Type: Conceptual