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What are the key differences between Euribor and Libor, and how do they impact the financial markets?
Euribor and Libor are both benchmark interest rates used in the financial markets, but they are based on different currencies. Euribor is the Euro Interbank Offered Rate, while Libor is the London Interbank Offered Rate. The key difference is that Euribor is based on Eurozone banks, while Libor is based on banks in London. These rates impact the financial markets by influencing the cost of borrowing for banks and businesses, which in turn affects interest rates on loans and investments. Changes in these rates can impact global financial markets and the economy as a whole.
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Why do you think financial markets are required?
They act as a link between renders and borrowers
Differences between the theory of multinational enterprises and conventional trade theory?
The conventional trade theory assumes perfect markets where transaction costs do not exist while the theory of multinational enterprises assume imperfect markets.
Why are policy makers more concerned about the financial market than other markets such as the automobile or computer markets?
A working financial market is essential for all other sectors of the economy to function.
What are the five main parts in a financial system?
1. Money 2. Financial instruments 3. Financial markets 4. Financial institutions 5. The Central Bank
Does the Plunge Protection Team exist?
The Working Group on Financial Markets (colloquially the Plunge Protection Team) was established explicitly in response to events in the financial markets surrounding 19th October 1987, known as Black Monday. They were to give recommendations for solutions for "enhancing the integrity, efficiency, orderliness, and competitiveness of financial markets and maintaining investor confidence".
