The two most important developments in global capital markets over the last few decades are
选项：

A:the growth in FDI within developed countries and private capital flows to emerging economies.;
B:the growth in FDI to emerging economies and private capital flows within developed countries.;
C: the growth of cross-border mergers and acquisitions and the stabilization of exchange rate regimes.;
D:the growth of cross-border mergers and acquisitions and private capital flows within developed countries.