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Globalization has led to the progressive integration of capital markets around the world, allowing worldwide investors and corporations to trade with or in other countries.The
Globalization has led to the progressive integration of capital markets around the world, allowing worldwide investors and corporations to trade with or in other countries.The following table provides descriptions of certain transactions or situations. Based on your understanding of international capital markets and international money, choose the best term to match each description.DescriptionTermIndian rupees are deposited in a bank in Kenya. A US corporation starts a greenfield project in Mexico. Eurocurrency deposits made in the US are often tied to this rate. This type of bond is issued by a European company, denominated in US dollars, and sold to investors in Japan.
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