Competing Against Foreign Banks Can Be Difficult for U

Competing against foreign banks can be difficult for U.S.banks because:

A) it is illegal to take more than $10,000 worth of U.S.currency out of the country
B) the Federal Reserve has no control over international banking
C) foreign banks are subject to fewer regulations than U.S.banks
D) U.S.banks are not used to the pure competition that exists in the banking industry in many Asian countries
E) international banks are so risk-aversive