Define Home Bias In Consumption

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Question

Home Bias in Consumption refers to

(A)    the tendency for domestic saving and domestic investment to be highly correlated
(B)    the tendency for countries to appear under-insured against local economic shocks through international capital markets
(C)    the tendency for equity portfolios to be under-diversified internationally
(D)    the tendency for equity portfolios to be under-diversified nationally

Summary

The question belongs to Finance and it discusses about home bias in consumption.

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