Contributed to the rapid growth of the eurocurrency market

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Reference no: EM13976411

Factors that have contributed to the rapid growth of the Eurocurrency market include all of the following except

a. a growing volume of international trade and foreign investment

b. domestic interest-rate controls imposed by national governments

c. reserve requirements established by national central banks

d. the 1973 Federal Reserve System exemption of large-denomination certificates of deposit from Regulation Q ceilings.

Please provide with the correct choice and explain your answer

Reference no: EM13976411

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