1. What changes would you expect in the standard deviation for a portfolio between 4 and 10 stocks, between 10 and 20 stocks, and between 50 and 100 stocks? (provide the relevant diagram).
2. Critically discuss in your own words, the functions and contribution to society of the foreign exchange market, market participants and transactions.
3. List and explain in detail two strategic motives why firms become multinationals and provide one motive why firms may not become multinationals and give an example of each motive.