The information asymmetry in the global economy
Abstract
It is studied information asymmetry in terms of the internationalization of the world economy prevents optimal decision making, creates additional transaction costs for producers, resulting in an unequal position in the market economic actors affect the behavior of firms and lead to a fall in the market. It is defined that asymmetric information is mainly seen in the markets of developing countries: users have no information or full information, or uneven advantage of it, resulting in the displacement of manufacturers of quality products and market failure.
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References
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