NO.PZ202405210200000105
问题如下：
For emerging market equity securities, which of the following best describes the risks faced by investors and their effects on investments?
选项：
A.For emerging markets, country effects still tend to be more important than (global) industry effects. B.Local economic and market factors exert less influence on risk and return in emerging markets as they are more dependent on the global economy and the global markets. C.Emerging market equity investors need to focus on the many ways that the value of their ownership claims may be expropriated by the government, but less so for corporate insiders or dominant shareholders.解释：
On the whole, country effects still tend to be more important than (global) industry effects. This is particularly true for emerging markets.
Answer Choice (B) is incorrect: local economic and market factors exert greater influence on risk and return in these markets than in developed markets. Answer Choice (C) is also incorrect; emerging market equity investors need to focus on the many ways that the value of their ownership claims may be expropriated by the government, corporate insiders, or dominant shareholders.
Answer Choice (C) is also incorrect; emerging market equity investors need to focus on the many ways that the value of their ownership claims may be expropriated by the government, corporate insiders, or dominant shareholders.
