Which of the Following Explains Why Business Cycles in Other

Multiple Choice

Which of the following explains why business cycles in other countries have become more synchronised?

A) There has been a rapid growth in financial flows between countries.
B) The financial system is becoming more integral for every economy.
C) There has been less of a reduction in trade and financial flows between Western economies.
D) The country's imports and exports have grown less quickly than the size of their economies.