Because the SEC currently requires that foreign firms, who would like their securities listed on the U.S. exchange, prepare their financial statements using U.S accounting stanadards, the requirement
A) discourages weaker foreign firms from cross-listing in the U.S.
B) encourages weaker foreign firms to cross-list in the U.S.
C) acts as an incentive for foreign firms to list on U.S. exchanges
D) acts as a deterrent for foreign firms to list on U.S. exchanges
Correct Answer:
Verified
Q29: Foreign variance is approximately equal to
A) domestic
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Q35: A U.S. investor in a stock traded
Q36: The global investment strategy of investing in
Q37: In the past low correlations of foreign
Q38: To protect against the risk of declining
Q39: In a passive currency management strategy, exchange
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