QUESTIONS AND EXERCISES
- What do you understand by globalization of financial markets? What factors have
facilitated the process of globalization? - What are the different international financial markets?
- Are there any differences between financing patterns of US and Japanese firms?
- What is securitization? How does it affect financing of multinationals?
- Explain the functions and growth of Euro-currency markets?
- Indicate the reasons for development of Euro-bond markets?
- What is the difference between a Euro-currency loan and a Euro-bond?
- What is the difference between a Euro-bond and a foreign bond?
- Write short note on:
(a) LIBOR
(b) Euro-notes
(c) Primary markets
(d) Secondary markets- What role do development banks play in economic growth? Enumerate some of
the development banks and their functions.