Q365
Type of markets which trades underwritten bonds syndicated by some other countries is classified as
A.
international markets
AnswerB.
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.