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