问题
单项选择题
Deciding how to allocate investment funds, first among countries, and then within countries to various asset classes, is the objective of which step of the top-down valuation approach（）
A. Analysis of industry influences.
B. Company analysis.
C. Analysis of general economic influences.
答案
参考答案：C
解析：
The objective of step one, economic analysis, is to allocate your portfolio among countries and asset classes based on your analysis of future economic conditions.