Emerging markets have the following characteristics:
A) the 20 largest U.S.companies added together by market capitalization are bigger than any emerging market capitalization except China.
B) the International Monetary Fund separates developed and emerging markets by the market capitalization of the respective markets.
C) liquidity would be the same as a small company traded on the NASDAQ stock market.
D) continuous auction markets.
Correct Answer:
Verified
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