To avoid another global financial crisis,many countries and regulatory agencies are considering expansions on capital mobility.

Question

Quizplus · Accepted Answer

The statement is incorrect. Many countries and regulatory agencies are actually considering restrictions on capital mobility in order to prevent future financial crises. This is because unrestricted capital flows can lead to excessive lending, asset bubbles, and speculative investing, which can all contribute to economic instability.

To Avoid Another Global Financial Crisis,many Countries and Regulatory Agencies