1) Interest rates on Eurodollar deposits may be higher than the rates on deposits in the US because .

I. Eurobanks are more efficient;

II. Eurodollar deposits are not required to pay FDIC fees;

III. Eurobanks are required of reserve requirements

a. None of them b. I, II and III c. I and III only d. I and II only

2) When the U.S. government increase taxes on US bank interest deposits, the likely effect of this regulation is to . a. reduce the Eurodollar market b. expand the Eurodollar market c. None of the others d. have no impact on the size of the Eurodollar market

3) Eurobonds are long-term obligations denominated in outside the country of issue a. Japanese yen b. US dollars c. Swiss franc d. All of the others

4) The Eurocurrency market means that banks accept deposits and make loans in foreign currencies a. inside the country of issue b. None of the others c. in Europe only d. outside the country of issue

5) The euro zone remarkably comparable to the United States in terms of a. None of the others b. population size c. international trade share d. GDP

6) Euronote issue facilities consist of a. Eurocommercial paper, Euronotes, and Eurostocks b. Euronotes, Eurocommecial paper, and Euro-medium-term notes c. Euronotes, commercial paper, and Eurobonds d. None of the others