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Which of the following statements is TRUE about Eurocurrency Market and Euromarket? O a . Dollars deposited or Dollar deposits in non - European countries
Which of the following statements is TRUE about Eurocurrency Market and Euromarket?
O a Dollars deposited or Dollar deposits in nonEuropean countries are not EuroDollars.
b Euros deposited in a bank in Australia are called EuroEuro deposit.
O c The term "Euromarket" refers to the FX markets in European regions.
O d Eurocurrency markets tend to have higher lending rates due to less regulatory protection and restrictions.
O e To create Eurodollars, a bank must transfer dollars from a US bank to a Foreign bank.
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