
Concept explainers
a)
To mention: The major countries that have the largest stock markets.
a)

Explanation of Solution
The Country K has the largest stock market in the world. The Country K stock market is larger as a percent of the
b)
To mention: The major countries that have the largest bond markets.
b)

Explanation of Solution
The Country K has the largest bond market in the world. The market is larger when it is seen as a percent of the gross domestic product (GDP). The Country U has the largest market in the world.
c)
To mention: The country that has the smallest direct holdings of shares by individual investors.
c)

Explanation of Solution
Country JN has the smallest direct holdings of shares by individual investors.
d)
To mention: The country that has the largest holdings of bank deposits by individual investors.
d)

Explanation of Solution
Country JN has the largest holdings of bank deposits by individual investors.
e)
To mention: The area which has the largest holdings of shares by other corporations.
e)

Explanation of Solution
Euro area has the largest holdings of shares by other corporations.
f)
To mention: The country that has the largest use of trade credit for financing.
f)

Explanation of Solution
Country JN has the largest use of trade credit for financing
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