Sequentially arrange the following impacts of the evolving global monetary system on the economies.

A. Protectionism and nationalism

B. Capital flows driving economic development

C. Increased world trade with limited capital flows

D. Expanded open economies

E. Industrial economies increasingly open and emerging nations open slowly

Choose the correct answer from the option given below:

1
B, D, A, C, E
2
C, A, D, E, B
3
C, E, D, A, B
4
E, B, D, A, C

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