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 95 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?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Joseph Banks Joseph Banks
Color mixtures of refracted light—additive process. Color mixtures of refracted light—additive process.
(a) In a healthy eye, aqueous humor is formed in the ciliary process and drains through the canal of ... (a) In a healthy eye, aqueous humor is formed in the ciliary process and drains through the canal of ...
Lean 6 Sigma - LHM Process Flow Diagram Lean 6 Sigma - LHM Process Flow Diagram
Global Dimensions Global Dimensions
Iraqi market Iraqi market
Video: Language Areas Animation

For a complete list of videos, visit our video library