Which one of the following have NOT led to a closer relationship between interest rates in national and Eurocurrency money markets? A)tax treaties that reduce the incidence of double taxation on foreign?source income B)elimination of currency controls C)reduced cost of transatlantic telecommunications D)increased government regulation of U.S.interest rates

Question

Quizplus · Accepted Answer

Increased government regulation of U.S. interest rates would not lead to a closer relationship between interest rates in national and Eurocurrency money markets, as it would create more divergence between the two markets. The other choices - tax treaties, elimination of currency controls, and reduced telecommunication costs - have all contributed to the integration of national and Eurocurrency money markets.

Which One of the Following Have NOT Led to a Closer