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Management · Q365

International Finance and Treasury

Graduate and Post Graduate · Management · question 365

Q365

Type of markets which trades underwritten bonds syndicated by some other countries is classified as

A.
international markets
Answer
B.
national markets
C.
local markets
D.
state markets

Answer: Option A

Solution

Answer: Option A
Solution:
Type of markets which trades underwritten bonds syndicated by some other countries is classified as international markets. An international market is defined geographically as a market outside the international borders of a company's country of citizenship. A company, to the extent that it is a legally distinct entity from its owners like a corporation, is usually a citizen of the country where it is organized.