1. In the past, investing in emerging markets securities offered __ risk and ___ returns.

a. the lowest, the lowest.

b. the highest, the lowest

c. the highest, the highest

d. the lowest, the highest

2. Eurocurrency loans are created by ?

a. the british banking authority through the euro bank

b. a series of deposits and changes of deposit control

c. cash payments by the eurocurrency bank to the borrower

d. checks issued by the eurocurrency bank to the borrower