This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: How did the Eurocurrency market develop? What role did global banks play in the process? What ... (Read 90 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: Jul 7, 2018
How did the Eurocurrency market develop? What role did global banks play in the process?
 
  What will be an ideal response?

Question 2

What is meant by organizational commitment?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mathjasmine

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jul 7, 2018
Answer to Question 1

The Eurocurrency market originated in the early 1950s when the communist-controlled governments of Central and Eastern Europe needed dollars to finance their international trade, but feared the U.S. government would confiscate or block their holdings of dollars in U.S. banks for political reasons. The communist governments solved this problem by using European banks that were willing to maintain dollar accounts for them.

Answer to Question 2

Organizational commitment reflects an individual's identification with and loyalty to the organization.


ahriuashd

  • Hero Member
  • *****
  • Posts: 535
Reply #2 on: Jul 7, 2018
Thank you


mathjasmine

  • Sr. Member
  • ****
  • Posts: 312
Reply #3 on: Jul 7, 2018
No problemo


« previous next »
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

A football game, in 1879, pits Yale against Princeton. The field was not lined or bounded, and play A football game, in 1879, pits Yale against Princeton. The field was not lined or bounded, and play
The process of ventilation: inspiration and expiration. The process of ventilation: inspiration and expiration.
Global Pressure Systems and Wind Patterns Global Pressure Systems and Wind Patterns
Global Distribution of Precipitation Global Distribution of Precipitation
Turning Play into Work Turning Play into Work
The Global Positioning System determines the location of an object from its distances to ... The Global Positioning System determines the location of an object from its distances to ...
Video: DNA fingerprinting Animation

For a complete list of videos, visit our video library