Multiple Choice
The effects of fluctuating foreign exchange rates may
I.Increase a U.S.investor's rate of return.
II.Decrease a U.S.investor's rate of return.
III.Can be avoided by investing in ADRs.
IV.Can be avoided by investing in mutual funds that specialize in foreign stocks.
A) I and II only
B) I and III only
C) III and IV only
D) I, II,III, and IV
Correct Answer:
Verified
Correct Answer:
Verified
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