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Which of the Following Would NOT Be a Valuable Eurocurrency

Question 45

Multiple Choice

Which of the following would NOT be a valuable Eurocurrency market transaction?


A) Ford Motor Company holds temporary excess dollars in a London bank.
B) Dell Computer borrows dollars from a German bank to fund accounts receivable.
C) Volkswagen borrows Euros in France to finance working capital.
D) A Russian oil firm deposits dollars in Moscow Narodny Bank in London.

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