Since international banks have the facilities to trade foreign exchange,
A) they generally also make a market as a dealer in foreign exchange.
B) they generally also make a market as a dealer in foreign exchange derivatives.
C) they generally also trade foreign exchange products for their own account.
D) none of the above
Correct Answer:
Verified
Q1: A bank may establish a multinational operation
Q6: By far the most important international finance
Q8: A bank may establish a multinational operation
Q12: Multinational banks are often not subject to
Q13: Merchant banks are different from traditional commercial
Q14: International banks are different from domestic banks
Q16: Banking tends to be
A)a low marginal cost
Q18: Currently, the biggest bank in the world
Q22: A foreign branch bank
A)is a small service
Q22: A foreign branch bank
A)is a small service
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