![](https://cos-cdn.shuashuati.com/pipixue-wap/2020-1230-1107-56/ti_inject-812ce.png)
In mutual funds, investment in emerging foreign equity markets
A.
represents less than one percent of investments in U.S.-based mutual funds.
B.
represents about five percent of investments in U.S.-based mutual funds.
C.
represents more than twenty percent of investments in U.S.-based mutual funds.
D.
declined during the 1990s.