The "Globalization of Finance" in Relatively Recent Years

Multiple Choice

The "globalization of finance" in relatively recent years

A) is an entirely new phenomenon in the world economy.
B) is not an entirely new phenomenon because a similar expansion of financial flows Occurred in the world economy in the 1930s.
C) is not an entirely new phenomenon because a similar expansion of financial flows Occurred in the world economy in the 1870-1914 period.
D) has been primarily associated with the flow of foreign direct investment across Country borders rather than with growth in financial flows such as international Bank lending.