The ________ provides a means to account for international cash flows in a standardized and systematic manner.
A) parity conditions
B) asset approach
C) balance of payments
D) International Fisher Effect

Question

Quizplus · Accepted Answer

The balance of payments provides a standardized and systematic approach to accounting for international cash flows. It is used by governments, businesses, and economists to monitor and analyze the flow of funds between countries. Parity conditions, asset approach, and the International Fisher Effect are related to foreign exchange markets and currency valuation, but do not directly address international cash flows.

The ________ Provides a Means to Account for International Cash