Which one of the following statements is correct concerning international funds?

Question

Quizplus · Accepted Answer

A devaluation of the dollar causes foreign currencies to appreciate in value, leading to higher returns on foreign investments when translated back into dollars. This is a benefit from a U.S. perspective. International funds are not necessarily considered low-risk investments, and balance-of-trade positions can affect the rate of return. Global funds can invest in both domestic and foreign securities.

Which One of the Following Statements Is Correct Concerning International