Empirical tests have yielded ________ evidence about market efficiency with a general consensus that developing foreign markets are ________.

Name: Empirical tests have yielded ________ evidence about market efficiency with a general consensus that developing foreign markets are ________.
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Empirical tests have shown mixed results regarding market efficiency, especially in developing foreign markets, which are generally considered not efficient due to factors like less transparency and lower liquidity.

Empirical Tests Have Yielded ________ Evidence About Market Efficiency with a General