14. Assume that you have an opportunity to visit a civilization in outer space. Its soci ety...
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14. Assume that you have an opportunity to visit a civilization in outer space. Its soci ety is at roughly the same stage of development as U.S. society is now. Its economic system is virtually identical to that of the United States, but derivative trading is il- legal. Compare and contrast this economy with the U.S. economy, emphasizing the differences due to the presence of derivative markets in the latter.
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An Introduction To Derivatives And Risk Management
ISBN: 9780324321395
7th Edition
Authors: Don M. Chance, Roberts Brooks
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