In the developing world, Germany has the second largest equity market after the United States.

Name: In the developing world, Germany has the second largest equity market after the United States.
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Question

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Germany has the largest equity market in the European Union, but it is not larger than the equity market of emerging economies such as China or India. Therefore, Germany does not have the second largest equity market in the developing world.

In the Developing World, Germany Has the Second Largest Equity