R

Ram Sharma • 193.84K Points
Coach Economic 

Q. Which of the following is true regarding the capital market development since the 1970s?

  • (A) The extent of intertemporal trade was larger than theory predicts.
  • (B) Onshore-offshore interest rate differentials were too large.
  • (C) The extent of the international portfolio diversification was smaller than theory predicts.
  • (D) The role of emerging markets declined over time.
Correct Answer - Option(C)

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