CH 19 QUIZ 73
There are several reasons why some analysts think that financial market have become more highly
correlated in recent years. Which one does not belong?
A. The development of a global economy has made companies and those economies more connected and
less diverse
B. The new European Central Bank has coordinated economic policy across the European Union
making that region more coordinated
C. U.S. companies operating abroad like Coca Cola, McDonalds, and ExxonMobil are highly correlated
with U.S. markets
D. Every time we have a world event such as September 11, 2001, a currency crisis, or a market collapse
somewhere, the international stock markets seem to fall together making them look like they are
highly correlated
USA 
India