What is meant by completely integrated world capital market, Financial Accounting

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What is meant by completely integrated world capital market

Response to the following questions:

a. What is meant by a completely segmented world capital market and what are the implications of such a market for raising funds?

b. What is meant by a completely integrated world capital market and what are the implications of such a market for raising funds?

If possible, please give examples to better understand your answers.

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Financial Accounting: What is meant by completely integrated world capital market

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Financial Accounting: What is meant by completely integrated world capital market

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