Correlation Q

“Although correlations among emerging markets can change over the short term, such correlations show evidence of stability over the long term. Thus, an emerging markets portfolio that lies on the efficient frontier in one period tends to remain close to the frontier in subsequent periods.”

True or false?

Can’t see it True, so i’ll go for false especially that emerging markets have negative skewed returns. (I’ve hate true or false since I was in elementary school lol … never seem to work out for me).