21. A U.S. General Accounting Office study discusses the importance of derivatives for market participants. Page 6 of the report states:

Derivatives serve an important function of the global financial marketplace, providing end-users with opportunities to better manage financial risks associated with their business transactions. The rapid growth and increasing complexity of derivatives reflect both the increased demand from end-users for better ways to manage their financial risks and the innovative capacity of the financial services industry to respond to market demands.12 Explain whether you agree or disagree with the conclusions of the report.