What is NOT one of the requirements of international financial management?

Question

Quizplus · Accepted Answer

The requirement that markets be considered to be efficient is not a requirement of international financial management. While it is a common assumption in financial theory, the reality is that markets are not always efficient, especially in the context of global financial markets where there are often informational asymmetries and other factors that can create market inefficiencies. The other requirements listed (consideration of currency effects, legal/economic differences, and respect for cultural heritages) are all important considerations in international financial management.

What Is NOT One of the Requirements of International Financial