Which of the following factors would most likely be a limitation of applying businesscycle analysis to global

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Which of the following factors would most likely be a limitation of applying businesscycle analysis to global industry analysis?

A. Some industries are relatively insensitive to the business cycle.

B. Correlations of security returns between different world markets are relatively low.

C. One region or country of the world may experience recession while another region experiences expansion.

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Investments Principles Of Portfolio And Equity Analysis

ISBN: 9780470915806

1st Edition

Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard

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