Students should think laterally about the concept of cheaper finance costs and whether this is always a positive. Issues with International Monetary Fund goals and increased credit creation due to the lack of reserve requirements are interesting points with the module guide having a useful section on whether the Euromarkets cause inflation and/or foreign exchange fluctuation (see page 32 of the module guide). The use of the Eurocurrency markets for arbitrage, playing the yield curve, liquidity, operationally and lack of regulation are all pertinent points. Citing sources in Harvard style