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Under the created in 1944 , countries were able to borrow money from the International Monetary Fund (IMF) to maintain the par value of their currency. Select all that apply. A danger of financial globalization is that it: increases the cost of capital for borrowers can foster contagion lowers the rates of returns investors earn results in excessive capital flows reduces portfolio diversification options.

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Under the created in 1944 , countries were able to borrow money from the International Monetary Fund (IMF) to maintain the par value of their currency. Select all that apply. A danger of financial globalization is that it: increases the cost of capital for borrowers can foster contagion lowers the rates of returns investors earn results in excessive capital flows reduces portfolio diversification options

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  • 1. Under the created in 1944 , countries were able to borrow money from the International Monetary Fund (IMF) to maintain the par value of their currency. Select all that apply. A danger of financial globalization is that it: increases the cost of capital for borrowers can foster contagion lowers the rates of returns investors earn results in excessive capital flows reduces portfolio diversification options