Which of the following statements best illustrates the distinguishing features of international investing?

A)

When a foreign currency declines in value against the U.S. dollar, profits in the foreign currency are worth more in U.S. dollars.

B)

Earnings per share is a measure that is easily comparable from country to country.

C)

American depositary receipts are quoted in dollars and pay dividends in dollars.

D)

Foreign securities and foreign markets often have lower standard deviations than similar securities in the United States.