Which of the following is true regarding the domestic repercussions of global linkages?
A) Policymakers find it easier to isolate domestic economic activity from international market events.
B) Governments have gained more power to implement effective policy measures.
C) Private-sector financial flows exceed the financial flows that can be marshaled by the government.
D) Policymakers have more effective tools but less responsibilities to carry out.

Question

Quizplus · Accepted Answer

Private-sector financial flows have exceeded the financial flows that governments can control or regulate, implying that policies implemented by governments have limited effectiveness, and the potential economic impact of global linkages on domestic economies cannot be entirely ignored or isolated.

Which of the Following Is True Regarding the Domestic Repercussions