According to the textbook,what is the most common method for formulating expatriate pay,to equalize purchasing power across countries?
A) The balance sheet approach
B) The balance of payments approach
C) The international equity approach
D) The income statement approach
E) The positive cash flow approach

Question

Quizplus · Accepted Answer

The most common method for formulating expatriate pay to equalize purchasing power across countries is the balance sheet approach. This approach ensures that expatriates have the same purchasing power abroad as they would have in their home country. It takes into account several factors such as cost of living, housing, taxation, and exchange rates to determine the appropriate compensation package for the expatriate.

According to the Textbook,what Is the Most Common Method for Formulating