With regard to the OIP. Multiple Choice the composition of the optimal international portfolio is identical for all investors, regardless of home country if they hedge their risk with currency futures contracts. the composition of the optimal international portfolio varies depending upon the numeroire currency used to measure returns, and the composition of the optimal international portfolio is identical for ali investors (regardless of home country) if they hedge their risk with currency futures controcts. the composition of the optimal international portfolio is identical for all investors, regordiess of home country. the compostion of the optimal international portfolio varies depending upon the numerairdourrency used to measure returns