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stars_and_moon stars_and_moon
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Posts: 3218
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8 years ago
If you are considering investing your money in a foreign country, which of the following statements is true?
A) You should invest in the country that has the highest interest rates because ceteris paribus the value of your investment will increase the most.
B) You should not use interest rates as criteria in deciding where to invest because ceteris paribus expected returns on investments will be equal across countries.
C) You should invest in the country that has the lowest interest rates because ceteris paribus that is the currency that is the greatest bargain.
D) It is illegal to invest in foreign countries so you need to find a different alternative.
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kingbykingby
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#1
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8 years ago
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#2
8 years ago
I figured, great answer
wrote...
#3
8 years ago
Great! Now we can move on to the next one
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