单选题
The level of diversification benefits available from investing
internationally is determined by the:
A. relative returns between markets.
B. correlations between market returns.
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.