Describe the role of offshore banking, International Economics

Assignment Help:

Q. Describe the role of offshore banking and of offshore currency (eurocurrencies) trading.

Answer: Both have mushroomed because of increased international trade increased multinational corporations and globalization. Students should as well emphasize banks' desire to escape domestic government regulations and taxes on financial activities and political concerns from holding deposits in the country that issued them which increases default concerns on the part of the foreign investors and so on.


Related Discussions:- Describe the role of offshore banking

Market structures, how does the buying and selling of stock fit the model f...

how does the buying and selling of stock fit the model for perfect competition

Migration model of todaro and harris, Q. The migration model of Todaro and...

Q. The migration model of Todaro and Harris provided an important theoretical critique of the manufacturing-biased import-substitution trade-policy stance. Illustrate. Answer:

Explain the fundamental equation of the monetary approach, Present and expl...

Present and explain the Fundamental Equation of the Monetary Approach. Answer:  Suppose E $ /E = P US /P E and that domestic price levels depend on domestic money demands and

Existence of external economies of scale, (a) Consider there are two countr...

(a) Consider there are two countries (country 1 and country 2) with two goods (X and Y). Further, under the assumptions of the Ricardian model, country 1 specialise in goods X. De

What is necessary condition for international trade, Q. One reason interna...

Q. One reason international trade has a powerful effect on the distribution of income within countries is that some factors are "specific", and therefore cannot move costlessly fr

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd