Capital markets often are grouped into two categories: those in developed countries and those in emerging market

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Capital markets often are grouped into two categories: those in developed countries and those in emerging market countries. Give your own definitions of developed and emerging market countries. Which stock exchanges shown in Appendix 1-3 are in emerging market countries? What characteristics do they share?
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International Accounting

ISBN: 978-0131588141

6th edition

Authors: Frederick D. Choi, Gary K. Meek

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