Answer the following statement(s) true (T) or false (F)

1. U.S. multinational corporations are highly correlated with United States financial markets and therefore do not reduce portfolio risk to the same extent as investing in foreign corporations.
2. Countries are divided into developed and emerging markets based on the market capitalization of their stock market.
3. The United States equity markets accounted for over 50% of the value of the world equity market at the end of 2009.
4. In the developing world, Germany has the second largest equity market after the United States.


1. TRUE
2. FALSE
3. FALSE
4. FALSE

Business

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