By issuing bonds in the international bond market, borrowers from newly industrialized and developing countries can borrow money from other nations where interest rates are lower.

Question

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By issuing bonds in the international bond market, borrowers from newly industrialized and developing countries can tap into a larger pool of investors, including those from nations where interest rates are lower, which can result in lower borrowing costs for the borrower.

By Issuing Bonds in the International Bond Market, Borrowers from Newly