This project allows you to learn more about international investing and about firms that compete in the global arena. Create a stock portfolio of at least two U.S.-based multinational corporations (MNCs) and two foreign stocks. You will monitor the performance of your portfolio over the school term and ultimately will attempt to explain why your portfolio performed well or poorly relative to the portfolios created by other students in your class. The explanations will offer insight into what is driving the valuations of the U.S.-based MNCs and the foreign stocks over time. Select two stocks of U.S.-based MNCs that you want to include in your portfolio. If you do not know the ticker symbol of the stocks you want to invest in, go to the website finance.yahoo.com and type the company's name in the search box and click on "Search Finance." If you want to review a list of possible stocks, go to biz.yahoo.com/p (which lists stocks by sectors or industries). Make sure that your firms conduct a substantial amount of international business. Next, select two foreign stocks that are traded on U.S. stock exchanges and are not from the same foreign country. Many foreign stocks are traded on U.S. stock exchanges as American depository receipts (ADRs), which are securities that represent ownership of foreign stock. The ADRs are denominated in dollars but reflect the value of a foreign stock, so an increase in the value of the foreign currency can have a favorable effect on the ADR's value. To review a list of ADRs in which you may invest, go to www.adr.com; under Investors, click on "Search DRs." You can choose a company from the alphabetical list of ADRs, or you can click on Industry, Sector, Country, and the like in the menu to obtain a list of companies with particular characteristics. Click on any company listed to review background information, including a description of its business and its stock price trend over the last year. It is assumed that you will invest $10,000 in each stock that you purchase