The difference between an international and a global fund is
A) global funds invest in both U.S. firms and those of other countries whereas international funds focus on firms outside the United States.
B) international funds invest in U.S. firms and those of other counties while global funds invest only in foreign firms.
C) international funds invest in Treasury securities but no U.S. firms while global funds invest in both.
D) there is no difference except in name.
Answer: A
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