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Question 1 (30 marks) This new form of financially based regime of accumulation... has led to the development of new institutions which serve to stabilize

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Question 1 (30 marks) "This new form of financially based regime of accumulation... has led to the development of new institutions which serve to stabilize and normalize it" French et al. (2011, P.801) a. Explain how the development of International Accounting Standard (IAS) may help to accommodate global capital market. (6 marks)

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