When Global Capital Markets Collectively React to International Events, Like

question 70

Multiple Choice

When global capital markets collectively react to international events, like Russia's default on its sovereign debt, it is common to find

• A) that there is no impact on the trade of foreign goods.
• B) an impact on the ability to raise capital.
• C) that Wall Street firms are so diversified that they are not affected by this event.
• D) all of these options are true.

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