What Is One Result of the Globalization of Finance

question 19

Multiple Choice

What is one result of the globalization of finance?

• A) Banking processes have remained surprisingly stable over the past thirty years in the United States.
• B) Wall Street limits the time that world trading occurs, typically between 9 AM and 5 PM Eastern Standard Time.
• C) Fluctuations of interest rates set by the European Central Bank are separate from local prices of food and gas.
• D) The ability of the nation-state to regulate what occurs within its borders is being steadily eroded.