The Traditional View of Capital Flows Says That

The traditional view of capital flows says that:

A) capital should be free to flow from countries offering low prospective returns to those offering high prospective returns.
B) capital flows should be restricted in order to reduce short-term volatility.
C) capital should be free to flow only from greater developed countries to lesser developed countries.
D) capital controls allow time for countries to initiate new policies and undertake fundamental reforms in their banking systems and financial markets.