Question: 6 . International banking Indicate whether each statement is true or false regarding the Eurocurrency market. True False It offers relatively low interest rates on

6. International banking
Indicate whether each statement is true or false regarding the Eurocurrency market.
True
False
It offers relatively low interest rates on loans and relatively high returns on deposits.
It is dominated by individual lenders.
It is hampered by high taxes.
Which of the following statements are true of international banking facilities?Check all that apply.
They are divisions of domestic banks.
They are subject to the same rules and regulations as domestic banks.
They must be located offshore in order to avoid domestic regulations.

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