As a result of market integration, stock markets in emerging markets are likely to be as efficient as U.S. stock markets.

Question

Quizplus · Accepted Answer

Market integration can improve efficiency in emerging markets, but they often still face challenges such as lower liquidity, less stringent regulatory environments, and less sophisticated market participants compared to U.S. stock markets, which can keep them from reaching the same level of efficiency.

As a Result of Market Integration, Stock Markets in Emerging