1. Most transactions in Eurocurrency markets are _____

A) Transactions involving government entities

B) Unsecured transactions among private parties

C) Euro medium-term notes and Euro commercial papers

D) Secured transactions between international banks and MNCs

2. A General Motors Acceptance Corporation (GMAC) share trades on the New York Stock Exchange (NYSE). In which type of market is it traded? _____

A) A domestic market

B) A foreign market

C) An external market

D) A segmented market

Please provide the reasons for each choices.