Explain What Financial Assets Are, How They Differ from Other

question 136

Essay

Explain what financial assets are, how they differ from other types of assets, and why there is a variety of measurement standards for different categories of financial assets.

---

Definitions:

International Trade

The exchange of goods, services, and capital between countries, driven by a desire for economic benefit and efficiency.

Economic Changes

Refers to shifts in the structure, performance, or organization of an economy, including changes in market conditions, regulatory environments, and the distribution of wealth and resources.

CSR

Corporate Social Responsibility; a business model in which companies integrate social and environmental concerns in their operations and interactions with stakeholders.

Corporate Social Responsibility

A concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with stakeholders on a voluntary basis.