Examlex
When one nation is less efficient than another nation in the production of each of two goods,the less efficient nation has a ____________ in the production of that good for which its absolute disadvantage is less.
Eugene Fama
An American economist and Nobel laureate known for his work on the efficient-market hypothesis.
Risk-Adjusted Performance
A measure of how much risk is involved in producing a financial return, used to compare the performance of investment portfolios.
Comparison Universe
A benchmark or pool of investments used to evaluate the performance of a specific investment or portfolio.
Mutual Funds
Professionally managed investment initiatives that are bankrolled by stockholders and trade across assorted holdings.
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