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Describe three benefits for every country using the same GAAP; that is, IFRS?

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  1. Describe three benefits for every country using the same GAAP; that is, IFRS?
  2. Explain why a country would not want to adopt IFRS?
  3. Explain the main sources of finance for international trade and investment.
  4. Distinguish between short-term and long-term finance sources.
 
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