These are some fairly easy homework questions I just suck, I would really appreciate the answers to these.
1) International banks:
a. arrange trade financing
b. conduct foreifgn exchange transactions and assist in hedging exchange rate risk
c. speculate in the foreign exchange markets for the house
d. all of the above
2) The Eurocurrency market is time deposits of money in international banks located in a country other than the country that issues the currency. T or F.
3) Banks today are frequently structured as bank holding companies so that:
a. they can engage in traditional commercial banking activities
b. they can engagge in investment banking activities
c. they can engage in both traditional banking activities and investment banking activities
d. they can avoid taxes
4) The large banks in the world will typically have a-----------------------banking relationship with other banks in the major financial centers.
5) A-----------------------office is a small service facility staffed by home bank personnel that is designed to provide better service to home bank multinational corporation clients in dealing with a correspondent bank.