Instructions

Each of these questions has a text portion followed by four alternative summaries.Choose the option that best captures the essence of the text.

Question 14

As things stand now, each country's financial system is being sustained and supported by its own government. Governments are primarily concerned with their own economies. This gives rise to financial protectionism, which threatens to disrupt and perhaps destroy global financial markets. So, regulations must become international in scope. Otherwise, global financial markets will be destroyed by regulatory arbitrage.


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