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Which of the following statements is not a valid reason for Australian investors to consider incorporating foreign markets into their portfolios. Select one: A. Investments

Which of the following statements is not a valid reason for Australian investors to consider incorporating foreign markets into their portfolios.

Select one:

A.

Investments in foreign markets are less likely to default.

B.

Ignoring foreign markets reduces their choices of investment opportunities.

C.

Returns on non-Australian investments can substantially exceed returns for Australian securities.

D.

Foreign markets have low correlations with Australian markets.

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