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What Is One Result of the Globalization of Finance

Question 56

Multiple Choice

What is one result of the globalization of finance?


A) Banking processes have remained surprisingly stable over the past thirty years in the United States.
B) Wall Street limits the time that world trading occurs, typically between 9 AM and 5 PM Eastern Standard Time.
C) Fluctuations of interest rates set by the European Central Bank are separate from local prices of food and gas.
D) The ability of the nation-state to regulate what occurs within its borders is being steadily eroded.

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