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One criticism of Z-score-based country allocation models is: They have a small-country bias. They are prone to collinearity across investment factors. Both s ome investment
One criticism of Z-score-based country allocation models is:
They have a small-country bias.
They are prone to collinearity across investment factors.
Both some investment factors sometimes abruptly stop working and they have a small-country bias are correct.
Some investment factors sometimes abruptly stop working.
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