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In international finance, what is the significance of financial openness, and how does it relate to capital account convertibility?a)Financial openness encourages capital controls.b)Financial openness restricts cross-border investment.c)Financial openness promotes economic growth.d)Financial openness is unrelated to capital account convertibility.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In international finance, what is the significance of financial openness, and how does it relate to capital account convertibility?a)Financial openness encourages capital controls.b)Financial openness restricts cross-border investment.c)Financial openness promotes economic growth.d)Financial openness is unrelated to capital account convertibility.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In international finance, what is the significance of financial openness, and how does it relate to capital account convertibility?a)Financial openness encourages capital controls.b)Financial openness restricts cross-border investment.c)Financial openness promotes economic growth.d)Financial openness is unrelated to capital account convertibility.Correct answer is option 'C'. Can you explain this answer?.

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