The UBOR is the o Primary goal benchmark for short term interest rates Average interest rate in the European Union Standard deposit rate ceiling on deposits in the international money market Standard interest rate offered on bonds that are issued in London Standard loan rate ceiling on loans in the international money market, Dl Question 22 Which of the following statements are not true concerning the Eurocurrency Market? It is a central mechanism to channel flow of international funds wong banks and.corporations It is regulated by the European Central Bank Exhibits low costs per transaction because of relatively large size of transactions Exhibita narrow spreads because of regulation ocowar transaction costs Question 23 Which of the following is not a valid argument put forth by roots of globalization! Promotion of political stability Geester innovation Conduto competition Day of product section increased do Question 24 @ W 10 MacBook