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Which of the following is NOT a reason why international finance is important?
  • a)
    To determine exchange rates and compare inflation rates
  • b)
    To understand the economic status of other countries
  • c)
    To assess the profitability of domestic companies
  • d)
    To judge foreign markets and make investment decisions
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which of the following is NOT a reason why international finance is im...
International finance is important for various reasons, including determining exchange rates, comparing inflation rates, understanding the economic status of other countries, and judging foreign markets. However, assessing the profitability of domestic companies is not a primary focus of international finance.
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Which of the following is NOT a reason why international finance is important?a)To determine exchange rates and compare inflation ratesb)To understand the economic status of other countriesc)To assess the profitability of domestic companiesd)To judge foreign markets and make investment decisionsCorrect answer is option 'C'. Can you explain this answer?
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