The Motive for International Investment Referred to as Intertemporal Consumption

The motive for international investment referred to as intertemporal consumption smoothing is based on the result that international investment:

A) distorts how consumers allocate their consumption expenditures over time.
B) channels savings to the highest return investments wherever they may be in the world.
C) permits investors to reduce risk by pooling assets from different countries, which are less closely correlated than assets located within a single country.
D) permits consumers to more efficiently allocate their consumption expenditures over time.