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Business
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| Number of pages / Number of words: |
2 / 406 |
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This tax can usually be reclaimed after several months; this time lag creates an opportunity cost.
o Tax credits not available to non-residents.
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The best argument in favour of international diversification is that foreign investments allow investors to reduce the total risk of the portfolio, while offering additional profit potential. By expanding the investment opportunity set, international diversification helps to improve the risk adjusted performance of a portfolio...
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