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 92 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?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

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?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

The biological process of nitrogen fixation The biological process of nitrogen fixation
Polyps and polyposis. A polyp is a protruding growth from a mucous membrane lining a hollow organ. I Polyps and polyposis. A polyp is a protruding growth from a mucous membrane lining a hollow organ. I
Examples of Impacts Associated with Different Amounts of Global Average Temperat Examples of Impacts Associated with Different Amounts of Global Average Temperat
Global Economic Relationships Global Economic Relationships
People with Huntington disease develop problems with neuromuscular control and gradually lose the us People with Huntington disease develop problems with neuromuscular control and gradually lose the us
Here we show the first three divisions of cleavage, a process that carves up a zygote’s cytoplasm. ... Here we show the first three divisions of cleavage, a process that carves up a zygote’s cytoplasm. ...
Video: Aneurysm

For a complete list of videos, visit our video library