{Explain the difference between the International Equity Market and Secondary Unit Market} I International Equity Market - It is a market in which shares of companies are issued and traded, either through exchanges or over-thecounter markets. Also known as the stock market, it is one of the most vital areas of a market economy. It gives companies access to capital to grow their business, and investors a piece of ownership in a company with the potential to realize gains in their investment based on the company's future performance. I Secondary Unit Market - F'rovide marketability and share valuation. Investors or traders who purchase shares from the issuing company in the primary market may not desire to own them forever. The secondary market permits the shareholders to reduce the ownership of unwanted shares and lets the purchasers buy the stock. Explain how the following works and provide an example : I Market order - A market order is traded at the best price available in the market, which is the market price I Limit lBlinder-ill limitorder is held in a limit order book until thedesired price is obtained. I Dealer Market - The broker takes the trade through the dealer. F'ublic traders do not directly trade with one another in a dealer market. The over- the-counter (OTC) market isadealer market. I Agency Market- The broker gets the client's orders via an agent