The existence of ________ allows multinationals to take advantage of unregulated financial markets to invest and raise short-term funds in a variety of countries and to protect themselves from foreign exchange exposure.
A) a strong U.S. dollar
B) the International Monetary Fund
C) Eurocurrency markets
D) European Economic Council

Question

Quizplus · Accepted Answer

Eurocurrency markets are unregulated financial markets that allow multinational corporations to invest and raise short-term funds in different countries without being subject to regulation by any one country's government. They also offer the ability to protect against foreign exchange exposure. The other options, a strong U.S. dollar, the International Monetary Fund, and the European Economic Council, do not directly provide this opportunity.

The Existence of ________ Allows Multinationals to Take Advantage of Unregulated