Consider a closed-end country fund that trades in the United States. Suppose that country decides to impose

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Consider a closed-end country fund that trades in the United States. Suppose that country decides to impose restrictions on investments by foreigners in that country. All other things constant, what do you think would be the effect of these international investment restrictions on the price-net asset value ratio of the closed-end hind for that country?
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Global Investments

ISBN: 978-0321527707

6th edition

Authors: Bruno Solnik, Dennis McLeavey

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