One of the important hindrances to savers placing their funds in foreign financial assets is
A) the costliness of gathering information about foreign financial assets.
B) the higher tax rates levied by the U.S. government on earnings from such assets.
C) the reluctance of many European countries to allow foreign investment in their financial assets.
D) the difficulty in reading company reports written in a foreign language.
Correct Answer:
Verified
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