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Lower cost of capital for business

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Reference no: EM131518101

Around 40 years ago, national capital markets functioned largely as independent markets. But since then, the amount of debt, equity, and currencies traded internationally has increased dramatically. This has led to a lower cost of capital for business but higher market volatility. Should these markets now be regulated globally? 250 words minimum, please include references.

Reference no: EM131518101

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