The most important aspect of international finance is:
I. The basic principles of corporate finance do not apply
II. The process of foreign exchange valuation of different currencies
III. The NPV principle cannot be applied to foreign operations

Question

Quizplus · Accepted Answer

The most important aspect of international finance is the process of foreign exchange valuation of different currencies. While there may be differences in the application of certain principles such as taxation and regulation, the basic principles of corporate finance still apply in international finance. Similarly, the NPV principle can be applied to foreign operations with adjustments made for currency risks.

The Most Important Aspect of International Finance Is