1. What is an offshore center?
2. What is the difference between an Edge Act bank and an international banking facility?
3. What is the difference between a Eurocredit, a Euronote, and a Euro-medium-term note?
4. Why are Eurocredits not extended by one bank but by a large syndicate of banks?
5. What is the all-in cost of a 5-year loan? What are its main components?
6. What is a credit rating? What is a credit spread?
7. Should corporations issue bonds in countries where they face the lowest credit spreads? Be very specific about the concept of credit spread you use.