Which of the following has been least important in enhancing the globalization of capital markets over the past twenty years?

Question

Quizplus · Accepted Answer

While the other options have played significant roles in enhancing the globalization of capital markets, the creation of fiscal surpluses has not been a major factor. Fiscal surpluses refer to a government's revenue exceeding its expenses, which does not directly impact the globalization of capital markets.

Which of the Following Has Been Least Important in Enhancing