国际金融英文chapter 1--03版(2)

作业

4) ________ are the largest markets in the world.

A) United States equity markets

B) European debt markets

C) Global currency markets

D) Chinese export markets

Answer: C

Diff: 1

Topic: 1.1 The Global Financial Marketplace

Skill: Recognition

5) Domestic currencies of one country on deposit in a second country are called ________.

A) export deposits

B) eurocurrencies

C) import deposits

D) forocurrencies

Answer: B

Diff: 1

Topic: 1.1 The Global Financial Marketplace

Skill: Recognition

6) Eurocurrency deposits are an efficient and convenient money market device for holding excess corporate liquidity.

Answer: TRUE

Diff: 1

Topic: 1.1 The Global Financial Marketplace

Skill: Recognition

7) The Eurocurrency loan market is characterized by narrow interest rate spreads between deposit and loan rates. This is due in part to which of the following factors?

A) The Eurocurrency market is a "wholesale" market..

B) Loan amounts are very large, often in excess of $500,000.

C) Eurocurrency borrowers are typically large, low-risk corporations or government entities.

D) All of the above are legitimate reasons for the narrow spread in the Eurocurrency market.

Answer: D

Diff: 1

Topic: 1.1 The Global Financial Marketplace

Skill: Conceptual

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