Please, answer the questions below.
Question 1. What is the current account generally composed of?
Question 2. What is the capital account generally composed of?
Question 3. Is a current account deficit something to worry about?
Question 4. If a government wants to correct a current account deficit, why can't it simply enforce restrictions on imports?
Question 5. With regard to Eurocredit loans, who are the borrowers?
Question 6. Why would a bank desire to participate in syndicated Eurocredit loans?
Question 7. What is LIBOR and how is it used in the Eurocredit market?