The Global Financial System is best defined as a . the collection of financial institutions that facilitate and regulate the flows of investment and capital funds worldwide . It includes the national and International banking systems , he international bond market , and national stock markets b . the institutional framework , rules , and procedures by which national currencies are exchanged for one another C . governments intervene to influence the value of their own currencies leg . trade surplus / deficit ) d . None of the Above 9 . Which of the following is true regarding the value of national currencies a . They cannot be quantified b . They remain highly stable C . They fluctuate constantly d . They change occasionally 10 . All of the following characterize stock exchanges exce a . stock rules vary by nation b . good source of funds for firms traders must be members d . all shares are held by MINES