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    Exam 19: International Portfolio Diversification
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    Frictionless Financial Markets Could Have Which of the Following
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Frictionless Financial Markets Could Have Which of the Following

Question 8

Question 8

Multiple Choice

Frictionless financial markets could have which of the following?


A) agency costs
B) bid-ask spreads
C) brokerage fees
D) government intervention
E) irrational investors

Correct Answer:

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