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Economics GU ESTION 6 Among the 3 models of capitalism, which model countries have high shares of the state in overall economic activity? Asia Model Anglo-Saxon Model European Model Latin America Model Historically, US banks are universal banks, which perform not only traditional banking but also risk sharing, stock sales, and merchant banking functions. True False In European countries, stock exchanges and securities commissions have stricter laws against insider trading than do those in Anglo-Saxon countries True False According to Douglass North and Barry Weingast, England performed the role of defining and protecting private property rights better than its European counterparts. True False During industrial revolution, because of its feature of limited liability, limited liability corporations are able to attract external capital. True False