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Author Question: Which of the following is not a Eurocurrency claim? A) A U.S.-dollar deposit by a London firm in ... (Read 25 times)

stock

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on: Jun 30, 2018
Which of the following is not a Eurocurrency claim?
 
  A) A U.S.-dollar deposit by a London firm in a Cleveland bank
  B) A sterling deposit by a London firm in a New York bank
  C) A U.S.-dollar deposit by a London firm in a London bank
  D) A Yen deposit by a New York firm in a London bank

Question 2

The expectation of future devaluation causes a balance of payments crisis marked by
 
  A) a sharp rise in reserves and a fall in the home interest rate below the world interest rate.
  B) a sharp fall in reserves and an even bigger fall in the home interest rate below the world interest rate.
  C) a sharp fall in reserves and a rise in the home interest rate above the world interest rate.
  D) a sharp rise in reserves and an even greater rise in the home interest rate above the world interest.
  E) a sharp rise in reserves and a rise in the home interest rate to the level of the world interest.


kingfahad97

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


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