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随着科技进步和资本自由流动减轻国际市场相互隔离的障碍,全球权益市场的结构在最近几十年里发生了重大变化。但是,尽管投资者现在可以更为便捷地进入外国资本市场,地域却并没有变得毫无意义。
With advances in science and technology and the free flow of capital mitigating barriers to international segregation, the structure of global equity markets has undergone major changes in recent decades. But while investors now have easier access to foreign capital markets, territories have not become meaningless.