Type of markets which trades underwritten bonds syndicated by some other countries is classified as
A
international markets
B
national markets
C
local markets
D
state markets
Correct Answer: international markets
Type of markets which trades underwritten bonds syndicated by some other countries is classified as international markets. An international market is defined geographically as a market outside the international borders of a company's country of citizenship. A company, to the extent that it is a legally distinct entity from its owners like a corporation, is usually a citizen of the country where it is organized.