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QUESTION 4 Since World War II, international trade and foreign direct investment have grown. This implies that countries, banks and firms need a quick and

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QUESTION 4 Since World War II, international trade and foreign direct investment have grown. This implies that countries, banks and firms need a quick and easy method of raising foreign currencies such as access to International Money Market to finance their imports and short-term working capital. Assess the benefits of International Money Market as one of the financing options. [16 marks]

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