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Explain How Extensive Customization from Market to Market May Cancel

question 70

Essay

Explain how extensive customization from market to market may cancel out some of the benefits of global trade for a company.


Definitions:

Secondary Markets

Markets where securities are traded after being initially offered or sold in the primary market.

Stock Market Transaction

A financial operation such as buying, selling, or trading stocks that takes place in the stock market.

Local Broker

A brokerage firm that operates in a specific geographic area and may specialize in trading securities for local clients.

Specialist

An official in a stock exchange. The specialist is assigned the stocks of specific companies and is responsible for conducting an orderly market in those securities.

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