The existence of ________ allows large multinational corporations to use large banks or groups of banks to invest and raise short-term funds in many countries but not in the currency of those countries.

Question

Quizplus · Accepted Answer

Eurocurrency markets allow multinational corporations to invest and raise short-term funds in many countries but not in the currency of those countries, making it easier for them to conduct international business.

The Existence of ________ Allows Large Multinational Corporations to Use