Explain why a london eurobank has a competitive advantage, International Economics

Assignment Help:

Q. Explain why a London Eurobank has a competitive advantage over a bank in New York in attracting dollar deposits.

Answer: It is able to pay more because the London bank isn't subject to any reserve requirements (neither American nor British) where the New York bank is subject to U.S reserve requirements.


Related Discussions:- Explain why a london eurobank has a competitive advantage

Firms compete only through diversifying their prices, It is often argued th...

It is often argued that firms compete only through diversifying their prices. Do you agree with this view? Justify your answer using examples / case studies form the Greek and/or t

What is the national income identity for an open economy, Q. What is the n...

Q. What is the national income identity for an open economy? Answer: Y = C + I + G + EX - IM.

Types of international transactions, Q. What types of international transa...

Q. What types of international transactions are recorded in the balance of payment accounts? Answer: Three kinds' transactions that involve exports and imports of goods and s

Gross barter terms of trade, tion..What is the range of gross barter terms ...

tion..What is the range of gross barter terms of trade ?

Explain demand for money, Q. Explain why one can write the demand for money...

Q. Explain why one can write the demand for money as follows: Md = P L (R, Y) Answer: The collective money demand is proportional to the price level. Imagine that every prices

Why could countries design their tariff structures, Q. The effective rate ...

Q. The effective rate of protection is a weighted average of nominal tariffs and tariffs on imported inputs. It has been noted that in most industrialized countries, the nomina

Trade, What are the reasons behind the growing importance of services in tr...

What are the reasons behind the growing importance of services in trade ?

Why do governments prefer to avoid current account deficits, Q. Why...

Q. Why do governments prefer to avoid current account deficits that are too large? Answer: A current account debit may possibly pose no problem if the borrowed funds

World trade organisation, impact of World trade organisation over indian ec...

impact of World trade organisation over indian economy?

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