Briefly discuss whether active asset allocation among countries could consistently outperform a world market index. Incl

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answerhappygod
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Briefly discuss whether active asset allocation among countries could consistently outperform a world market index. Incl

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Briefly discuss whether active asset allocation among countries
could consistently outperform a world market index.
Include a discussion of the implications of integration versus
segmentation of international financial markets as it pertains to
portfolio diversification, but ignore the issue of stock
selection
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