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What is eurodollar

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Reference no: EM133075150

The following questions concernEurodollar and Eurocurrency markets. These markets play critical roles in international finance.

-What is Eurodollar? How is it different from Eurocurrency? Explain in a historical context how Eurodollar market was created.

-Why is it that a Canadian corporation may sometimes prefer to raise US dollars from the Eurocurrency market rather than from the US domestic market?

-Using a numerical example, explain how euro currency is created.

Reference no: EM133075150

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