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Open-ended Question List all the major financial markets and indicate one of the following two designations for each: (A) markets that are 'efficient' (in the
Open-ended Question
List all the major financial markets and indicate one of the following two designations for each:
(A) markets that are 'efficient' (in the textbook sense of being informationally 'efficient'),
(B) markets that are significantly impacted by limits to arbitrage and/or psychology.
And make sure you provide an explanation and evidence for each major financial market's designation.
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