单选题 The level of diversification benefits available from investing internationally is determined by the:

A、

A. relative returns between markets.
B、

B. correlations between market returns.
C、

C. standard deviations of the returns.

【正确答案】 B

【答案解析】The principal factor that determines whether or not diversification benefits are available from investing internationally is the correlation of returns. In general, the lower the correlation, the greater the benefits.