Where Does China Purchase More Than 1/3 of Its Oil

question 43

Multiple Choice

Where does China purchase more than 1/3 of its oil?

• A)Africa
• B)North America
• C)Middle East and North Africa
• D)Latin America
• E)none of the above

---

Definitions:

Factor Portfolio

A portfolio constructed to have a high sensitivity to a specific factor or factors, used to capture returns associated with those factors.

Well-Diversified

A portfolio strategy involving the mix of different investments to reduce exposure to risk.

Beta

A scale for determining the level of fluctuation or consistent risk in a security or portfolio compared with the overall market.

Risk Premium

The additional return an investor expects to receive for taking on additional risk compared to a risk-free asset.