Identify and briefly discuss three potential problems that Smith may confront in selecting international stocks that he did not face in choosing U.S.
CFA Examination Level 1
Chris Smith of XYZ Pension Plan has historically invested in the stocks of only U.S.-domiciled companies.Recently, he has decided to add international exposure to the plan portfolio.
a. Identify and briefly discuss three potential problems that Smith may confront in selecting international stocks that he did not face in choosing U.S. stocks.