If a firm lies within a country with or domestic capital markets, it can achieve lower global cost and greater availability of capital with a properly designed and implemented strategy to participate in international capital markets.

illiquid; segmented

Explanation:

In countries where the segments are present for different capital markets, that is the areas where the market is located is differentiated in different manners, that is areas are divided for different types of capital assets, there is more growth as people do not tend to waste time in finding the capital asset they require.

Accordingly the country saves the efforts and time of citizens, the illiquid domestic market is based on the benefit that the market do not change its position and items easily, that means there is a constant supply available.

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"