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Sagot :
You will get more diversification b) across countries than across industries.
A growth strategy known as diversification is expanding your business into a new market or industry while also developing a new product specifically for that market.
By selecting several investments and investment kinds, diversification reduces the risk that you face in such instances. Diversification can not ensure investment returns or completely remove the risk of loss, even in a market that is losing value.
By making investments in many sectors that would each respond to the same occurrence differently, it seeks to limit losses. Diversification is the most crucial element of achieving long-term financial goals while avoiding risk, according to the majority of investing specialists, even though it does not guarantee against loss.
Learn more about Diversification here:
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