Financial markets are becoming “more global,” which entails free movement of cap
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Financial markets are becoming “more global,” which entails free movement of capital, global ownership of securities, global markets for securities, and so on. Based on your study of debt markets and equity markets, which do you believe has made the most progress toward complete globalization? Why? Do you expect the push for global markets to be halted going forward or gain momentum? Please provide concrete examples to support your ideas.