Question 21 The UBOR is the a Primary global benchmark for short term interest rates Average interest rate in the European Union Standard deposit rate ceiling on deposits in the international money market o Standard interest rate offered on bonds that are sured in London Standard kan rate ceiling on loans in the international money naket Question 22 Which of the following statements are not true concerning the Eurocurrency Market? It is a central mechanism to channel flow of international funds among banks and corporations It is regulated by the European Central Bank Exhibits low costs per transaction because of relatively large size of transactions Exhibits arrow spreads because of lumpulation or lower transaction costs Question 23 Which of the following is not a valid argument put forth by proponents of globalization Promotional political stability Greate innovation Cheaper prices due to competition Diversity of product section Increased standard of Question 24 The origen door de The rate of intimated States Thema op terus disease W 10