International banks are offering more international services from their domestic offices for all of the following reasons except:
A) Political instability has made foreign lending less attractive
B) A large network of foreign branches is expensive to maintain
C) Improvements in communications technology have made it less necessary to have a branch or office in every country
D) Government controls over banks have relaxed
E) Banks are permitted to engage in a wider array of services than in the past
Correct Answer:
Verified
Q58: The danger of loss associated with changing
Q59: When international investors face the possibility of
Q60: The law passed by the U.S. Congress
Q61: The compact signed by the United States,
Q62: The Foreign Bank Supervision Act of 1991
Q64: Deposits in an International Banking Facility differ
Q65: U.S. multinational banks are permitted to:
A) Underwrite
Q66: Citigroup pools consumer credit-card receivables and sell
Q67: Close to _ of all foreign loans
Q68: The Asian portion of the global banking
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