Which Group of Investors Is Capable of Earning Consistent, Superior

question 95

Multiple Choice

Which group of investors is capable of earning consistent, superior profits if financial markets are semistrong-form efficient? Ignore any legal considerations.

• A) Technical analysts
• B) Fundamental analysts
• C) Company insiders
• D)Mutual fund managers

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Definitions:

Infant Industries

New or emerging industries in a country that are protected by the government through subsidies or tariffs to promote growth.

Foreign Suppliers' Dumping

The practice where a company exports a product at a price lower than the price it normally charges in its own home market, often with the intention to undercut local markets or gain market share.

Comparative Advantage

An economic theory that describes how entities can gain and benefit from trade if they produce goods and services at a lower opportunity cost than their trade partners.

National Defense

Governmental and military activities aimed at protecting the country and its citizens from external threats and maintaining territorial integrity.