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The financial system plays a pivotal role in the economy. Define a financial system and describe the role of a financial system. 2. Explain what

The financial system plays a pivotal role in the economy.

  1. Define a financial system and describe the role of a financial system.

2. Explain what is meant by Euromarkets and a Eurodollar. Discuss the historical development of the Eurodollar market and the extent to which regulations have played a role in its development.

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