International Portfolio Investments Have Boomed in Recent Years, as a Result

question 64

Multiple Choice

International portfolio investments have boomed in recent years, as a result of

• A)a depreciating U.S. dollar.
• B)increased gasoline and other commodity prices.
• C)the general relaxation of capital controls and regulation in many countries.
• D)none of the above

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Definitions:

Defective

Having a fault or flaw that impairs usability, quality, or safety, often used in the context of products or goods.

Magnuson-Moss Act

A federal law in the United States that was enacted to protect consumers from deceptive warranty practices.

Express Warranty

An explicit guarantee by a seller to a buyer that a product or service meets certain quality and performance standards.

Implied Warranty

A legal term for the assurance that a product will meet a certain standard of quality and functionality without it being explicitly stated by the seller.