Investments, tenth edition

 25.2  Risk Factors in International Investing  887

Exchange Rate Risk / Political Risk

 25.3  International Investing: Risk, Return, and Benefits 

from Diversification  895

Risk and Return: Summary Statistics / Are Investments 

in Emerging Markets Riskier? / Are Average Returns 

Higher in Emerging Markets? / Is Exchange Rate Risk 

Important in International Portfolios? / Benefits from 

International Diversification / Misleading Representation 

of Diversification Benefits / Realistic Benefits from 

International Diversification / Are Benefits from 

International Diversification Preserved in Bear Markets?