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Chapter 11 - Chapter 11 International Financial Markets 1 2...

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Chapter 11 International Financial Markets 1. The Eurocurrency market consists of banks which accept deposits and make loans in foreign currencies . * A. outside the country of issue B. inside the country of issue C. in the home country D. in Europe only E. none of the above 2. Eurodollars are US dollars deposited in . * 3. Eurodollars can be created in . * 4. Eurodollar deposits could expand indefinitely if . * 5. The Bank for International Settlement is a bank in that facilitates transactions among central banks. A. the United States * B. Switzerland C. Canada D. Germany E. Japan
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6. The Eurodollar market is probably the most efficient because there are no . * 7. If the U.S. government imposes additional taxes on interest paid on US bank deposits, the likely effect of this regulation is to . *
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