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This article examines the claim of securities markets efficiency based on the efficient markets hypothesis (EMH), which Fama proclaimed to be a well substantiated truth in 1978. Behavioural theory shows that individuals do not act to maximise their utility as asserted by neoclassical economists,...
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The proposed Australia-China Free Trade Agreement (ACFTA) has been in the offing since 2005 and survived a change of government in Australia. While little of a conclusive nature has been achieved, given that such free trade agreements have a gestation period of between 15 to 20 years, there is...
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