Because asset markets are relatively small in an emerging market, they play less of a prominent role in a financial crisis in those economies.

Name: Because asset markets are relatively small in an emerging market, they play less of a prominent role in a financial crisis in those economies.
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Question

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Asset markets in emerging markets are typically smaller and less developed than in developed markets, so they play a less significant role in financial crises in those economies.

Because Asset Markets Are Relatively Small in an Emerging Market