Which of the following statements is an accurate characterization of the relationship between financial crises and globalization?

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a. A country with a globalized economy is more vulnerable to financial crises than a country with a closed economy.

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b. The greater the amount of short-term money invested in a country, the greater the potential for a crisis if investors lose confidence in the country.

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c. An open economy will be punished for bad economic policy as foreign investors move money out of the country.

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d. A globalized country with sound economic policies will be rewarded with large flows of savings from the rest of the world.

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e. All these statements are accurate characterizations of the relationship between financial crises and globalization.