Asked by Tanner Hearne on May 11, 2024
Verified
The growing interdependence among elements of the global economy is known as diversification.
Diversification
A risk management strategy that mixes a wide variety of investments within a portfolio.
Global Economy
refers to the interconnected worldwide economic activities and exchanges that transcend national borders.
- Understand the impact of political instability on the value and operation of foreign investments.
Verified Answer
KM
Kelsey MoranMay 14, 2024
Final Answer :
False
Explanation :
The growing interdependence among elements of the global economy is known as globalization, not diversification. Diversification refers to the practice of spreading investments across a range of assets or industries to reduce risk.
Learning Objectives
- Understand the impact of political instability on the value and operation of foreign investments.
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