To maximize the benefits of partial Integration of capital markets 2 A reduced cost of equity capital increases the firm's value 4 Multiple Choice Multiple Choice 3 02:36:52 3 02:36:17 none of the options none of the options a country should choose to internationally cross-list those assets that are least correlated with the domestic market portfolio through revaluation of the firm's existing cash flows from existing projects. a country should choose to internationally cross-list those assets that are most highly correlated with the domestic market portfolio through increased investment as more projects become positive NPVS. country should choose to internationally cross-list those ossets that are uncorrelated with the domestic market portfolio both of the options The product life-cycle theory predicts that 9 Proportionately more domestic bonds than international bonds are denominated in the_and the_while more international bonds than domestic bonds are denominated in the and the 14 Multiple Choice 8 02:34:46 8 023534 Multiple Choice over time the United States switches from a comparative advantage in R&D to a service economy. dollar, pound sterling eurosyen over time the United States switches from an exporting country of new products to an importing country euro pound Sterling dollar yen d none of the options eurosyen dollar pound sterling over time the United States education system maintains the country's dominant position in the world economy. dollar yer euro pound sterling