The Euromarket provides multinational companies with an external opportunity to borrow or lend funds with the additional feature of less government regulation.

Question

Quizplus · Accepted Answer

The statements in the question are generally true about the Euromarket. The Euromarket refers to the market for borrowing and lending of funds denominated in a currency other than the currency of the country where it is located. The Euromarket is less regulated than other financial markets, allowing multinational corporations and other entities to raise funds from a broader range of international investors.

The Euromarket Provides Multinational Companies with an External Opportunity to Borrow