Which of the following is true regarding the domestic repercussions of global linkages?
a.
Policymakers find it easier to isolate domestic economic activity from international market events.
b.
Governments have gained more power to implement effective policy measures.
c.
Private-sector financial flows exceed the financial flows that can be marshaled by the government.
d.
Policymakers have more effective tools but less responsibilities to carry out.
Answer: c.
Private-sector financial flows exceed the financial flows that can be marshaled by the government.