单选题 Deciding how to allocate investment funds, first among countries, and then within countries to various asset classes, is the objective of which step of the top-down valuation approach?

A、 Analysis of industry influences.
B、 Company analysis.
C、 Analysis of general economic influences.

【正确答案】 C

【答案解析】The objective of step one, economic analysis, is to allocate your portfolio among countries and asset classes based on your analysis of future economic conditions.