“…Table I1 shows the four possible combinations of multiplier currencies for home and foreign countries, together with the contracts traded for each combination. 1993;Lau, Diltz, and Apilado, 1994;Lee, 1991Lee, , 1992 Makhija and Nachtmann, 1990;Neumark, Tinsley, and Tosini, 1991;Pagano, 1989;Pagano and Roell, 1990;Ripley, 1975;Roell, 1992;Saudagaran, 1988;Stapleton and Subrahmanyarn, 1977; Varela and Lee, 1993; and Yagil and Forshner, I99 1. 1989;Chan, Fong, and Stulz, 1994;Diltz and Ting, 1992;Edwards, 1993;Fry, Lcc, and Choi, 1994;Garbade and Silber, 1979;Howe and Kelm, 1987;Howe and Madura, 1990;Jaydraman, Shastri, and Tandon, 1993;Kleidon and Werner.…”