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Does the Empirical Evidence Support the Assumption That Investing in U.S

Question 60

Essay

Does the empirical evidence support the assumption that investing in U.S. firms that
have operations in foreign countries and/or in U.S. closed-end funds that invest in
foreign stocks are effective methods by which a U.S. investor can diversify his
portfolio?

Correct Answer:

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No. The empirical evidence suggests that...

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