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Question 14 1 pts Which of the following statement is incorrect? Most of the answers are correct. Diversifying investments across several countries often reduces risk.

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Question 14 1 pts Which of the following statement is incorrect? Most of the answers are correct. Diversifying investments across several countries often reduces risk. The absolute purchasing power parity theory posits that exchange rates are determined by the differences in the prices of a given market basket of traded goods and services when there are no trade barriers. O An exchange rate of two currencies found by using a common third currency is known as an interest rate. Exchange rates can be expressed as the number of units of the domestic currency per one unit of the foreign currency

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