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 49 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?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

The size of the antlers play a significant role in establishing the hierarchy in the group The size of the antlers play a significant role in establishing the hierarchy in the group
The process of clot formation. The process of clot formation.
Inflammation Process Inflammation Process
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
The General Process of Sensation The General Process of Sensation
Video: Leukemia

For a complete list of videos, visit our video library