IS BRUCH’S RECOMMENDATION IN STATEMENT 2 APPROPRIATE

47. - MOCK SAMPLE EXAM CFA LEVEL III MOCK EXAM QUESTIONS 2011
MOCK SAMPLE EXAM CFA LEVEL III MOCK EXAM QUESTIONS 2011
47. Is Bruch’s recommendation in Statement 2 appropriate? A. Yes. B. No, because the portfolio is not well diversified internationally. C. No, because country correlations are less than industry correlations.