This article originally appeared in Morningstar Direct Cloud and Morningstar Office Cloud.
The global economy has become more global, a trend that continues despite "trade war" headlines. For investors trying to assess the diversification benefits of international-equity funds, it's important to have a clear understanding of how much overseas economic exposure a portfolio truly has.
Gabrielle Dibenedetto does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.