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QUESTION
One indicator of international financial openness in advanced countries is that: a.defaults by borrowers have decreased significantly. b.cross-border financial transactions in advanced nations have in
One indicator of international financial openness in advanced countries is that:
a.defaults by borrowers have decreased significantly.
b.cross-border financial transactions in advanced nations have increased tenfold.
c.restrictions on mortgage lending or bank capital requirements have decreased.
d.governments no longer try to control interest rates.
