Which of the following least likely explains why risk reduction may be possible by incorporating international securities into a portfolio?
A) Differences in monetary policies among national economies.
B) Differences in fiscal policies among national economies.
C) Differences in the timing of economic cycles among national economies.
D) Differences in industrial composition of particular markets.作者: former 时间: 2011-7-11 19:20
D
NO EXCUSES作者: nannan66 时间: 2011-7-11 19:20
D is the correct answer作者: Valores 时间: 2011-7-11 19:20
oh just read ur response abushey31... wow... i remember reading in the case for international diversification that due to differences in fiscal/monetary policies one can churn returns from international diversification... guess i'll have to re-read stuff! darn!作者: NakedPuts2011 时间: 2011-7-11 19:20
djinn Wrote:
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> oh just read ur response abushey31... wow... i
> remember reading in the case for international
> diversification that due to differences in
> fiscal/monetary policies one can churn returns
> from international diversification... guess i'll
> have to re-read stuff! darn!
RTFQ作者: Iginla2011 时间: 2011-7-11 19:20
International Diversification = Country based diversification
Global Diversification = Industry diversification
Question is about "international" so country factors are correct, industry factors aren't
