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Which One of the Following Was NOT a Cause for the Creation

Question 6

Multiple Choice

Which one of the following was NOT a cause for the creation of the Eurodollar market?


A) reserve requirements that lower a bank's profits
B) special charges and taxes levied on domestic banking transactions
C) interest rate ceilings on deposits and loans
D) the lack of a requirement to hold a fractional reserve at the Federal Reserve of all deposits

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