Country A is a small economy that is highly dependent on a single export: crude oil. Country B is a small and closed economy whose political structure is an authoritarian dictatorship (and whose dictator's actions are very hard to forecast). Both countries issue sovereign bonds. Mark the assertion that better represents the risks of both securities: O Since the dictator's actions are hard to predict, the beta of the sovereign bonds of country B should be higher. O Country A's bonds should have a higher degree of systematic risks than country B's because the latter is a closed economy. The risk of sovereign default of country B is much higher than the risk of default of country A o We can say country B's bonds has a higher degree of idiosyncratic risk than country A's bonds but we cannot talk about systematic risks for sovereign bonds because such risks are present only for stocks