In recent decades, the safe-haven effect has applied to the United States, with a long history of stable government, relatively stable economy, and large and efficient financial markets.

Name: In recent decades, the safe-haven effect has applied to the United States, with a long history of stable government, relatively stable economy, and large and efficient financial markets.
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The paragraph states that the safe-haven effect has applied to the United States in recent decades.

In Recent Decades, the Safe-Haven Effect Has Applied to the United