Although the world economy is much more integrated today


Although the world economy is much more integrated today than was the case 10 or 20 years ago, a variety of barriers still hamper free movements of people, goods, services, and capital across national boundaries. These barriers include:

a. Legal restrictions.

b. Excessive transportation costs.

c. Information asymmetry.

d. All of the above.

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Financial Management: Although the world economy is much more integrated today
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