What is the function of the international money markets, Financial Management

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What is the function of the international money markets

1. Loan rates. Explain the process used by banks in the Eurocredit market to determine the rate to charge on loans.

2. International markets. What is the function of the international money markets? Briefly describe the rea- sons for the development and growth of the European money market. Explain how the international money, credit, and bond markets differ from one another.

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