Which of the following is a reason that international portfolio finance is considered beneficial for less developed countries?
A) Investors in capital-rich countries can provide better management of industries in less developed countries.
B) Investors in capital-rich countries can get higher returns on their money.
C) Capital-scarce countries have access to investment money from wealthier countries.
D) Capital-scarce countries can use these loans to decrease their international debts.
Correct Answer:
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