From the perspective of a given country, financial markets can be classified as either internal or external. The internal market is composed of two parts: the domestic market and the foreign market. The domestic market is ________.
A. where the securities of issuers not domiciled in the country are sold and traded.
B. where issuers domiciled in a country issue securities and where those securities are subsequently traded.
C. where securities are offered simultaneously to investors in a number of countries.
D. where issuers domiciled in a country issue securities and where those securities are NOT subsequently traded.
Answer:B
From the perspective of a given country, financial markets can be classified as either internal or external. The internal market is composed of two parts: the domestic market and the foreign market. The domestic market is ________.
A. where the securities of issuers not domiciled in the country are sold and traded. B. where issuers domiciled in a country issue securities and where those securities are subsequently traded. C. where securities are offered simultaneously to investors in a number of countries. D. where issuers domiciled in a country issue securities and where those securities are NOT subsequently traded.