Which of the following is a consequence of the globalization and integration of financial markets?
A) Banks' investment portfolios often contain millions of dollars in assets located in other countries.
B) Economic crises are less common and typically less severe than they used to be.
C) Investors and businesses are denied access to overseas markets.
D) It fails to provide a better return on investment for investors.
Question 2
Which of the following characterizes India's and China's strategy with respect to energy resources?
a. Expectation that the fungible nature of energy supplies will keep prices even, regardless of who owns them
b. Investment in the economies of energy producers to achieve favorable energy trade pacts
c. Heavy internal development of energy resources to end reliance on foreign sources of energy
d. Mercantilist efforts to buy and control foreign oil supplies
e. Heavy investment in renewable and alternative energy resources with an expectation of ending reliance on fossil fuels as their primary energy source
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