Question and answer
Capital markets in foreign countries A. offer lower returns than those obtainable in the domestic capital markets B. provide international diversification C. in general are becoming less
integrated due to the widespread availability of interest rate and currency swaps D. have been getting smaller in the past decade
C. in general are becoming less integrated due to the widespread availability of interest rate and currency swaps
Expert answered|chikaygoods|Points 90|
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Asked 7/6/2012 8:20:25 PM
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Buying and selling in more than one market to make a riskless profit is called A. profit maximization B. arbitrage C. international trading D. an efficient market
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