Capital markets of poor developing countries that liberalized their financial systems to allow private asset trade with foreigners are called
A) direct foreign markets.
B) foreign exchange markets.
C) stock & bond markets.
D) emerging markets.
E) fledgling financial markets.
D
Economics
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Someone who values a lottery at less than the expected value is
a. a risk lover b. risk neutral c. risk averse d. one who tends to play lots of lotteries
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Economists maintain that the wage rate that workers should really care about is
a. both the real wage rate and the nominal wage rate b. the nominal wage rate c. the nominal wage rate multiplied by the real wage rate d. neither the real wage rate nor the nominal wage rate e. the real wage rate
Economics