Suppose the French government imposes an interest rate ceiling on French bank deposits.What is the likely effect of this regulation?
A) reduce Eurofranc interest rates
B) raise Eurofranc interest rates
C) reduce the U.S.prime rate of interest
D) raise the U.S.prime rate of interest
Correct Answer:
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Q12: A dollar or other freely convertible currency
Q13: Eurodollar deposits represent the liabilities of
A)European non-financial
Q14: The period over which the borrower may
Q15: One reason Eurocurrency deposit rates are higher
Q16: What is the relationship between the euro
Q18: The _ ,which resembles the U.S.commercial paper
Q19: Which one of the following is the
Q20: Another name for the spread in a
Q21: One reason for the multicurrency clause in
Q22: Which one of the following does NOT
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