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 91 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?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Parathyroid glands and the role of parathyroid hormone in calcium homeostasis. Parathyroid glands and the role of parathyroid hormone in calcium homeostasis.
The Role of Microfilaments in Cell Movement-Showing Cause and Effect in Biology The Role of Microfilaments in Cell Movement-Showing Cause and Effect in Biology
Joseph Banks Joseph Banks
Global Links: African Slave Trade Global Links: African Slave Trade
Global Dimensions Global Dimensions
Plan of Trajan's Forum and Market "خطة منتدى ترجان والسوق" Plan of Trajan's Forum and Market "خطة منتدى ترجان والسوق"
Video: Chemical Changes

For a complete list of videos, visit our video library