I think it was the Phillipines
C because the key word effect so answer c say's some thingthing about it "establish" meaning later on, also stock exchange would be something major because it allowed them to have new things they could never get in there own country.
The United States is one of five permanent members of the United Nations b) security council. The other member states are: Russia, France, China and the United Kingdom. The Security Council is one of the six principal organs of the United Nations and is charged with the maintenance of international peace and security, as well as accepting new members into the United Nations and approving any changes to the United Nations charter.