A firm in need of short-term financing will most likely turn to the global money market instead of the global capital market.

Name: A firm in need of short-term financing will most likely turn to the global money market instead of the global capital market.
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Question

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The global money market deals with short-term financing needs, while the global capital market generally deals with long-term financing needs. Therefore, a firm in need of short-term financing is more likely to turn to the global money market.

A Firm in Need of Short-Term Financing Will Most Likely