Write the first 3 ranked stock exchanges from the USA and one from Turkey, China, Japan, and India. Explain the power of the USA stock exchange with home-bias. If home bias is a factor that affects the stock exchange market, can we say that there is no possibility for emerging markets to compete with the USA stock exchange? Discuss your answer.
When related to investments, home bias is the preference of investors to own assets that are based in their home country. There are many reasons for this process, such as familiarity with the legal and political system, as well as emotional response.
Answer and Explanation:
In the US, the 3 largest stock exchanges are the NYSE, NASDAQ, and AMEX. In Turkey the largest sock exchange is Borsa Istanbul, while the Shanghai...
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fromChapter 1 / Lesson 18