Since the passage of the International Banking Act of 1978,the competitive advantage enjoyed by foreign banks in the U.S. has been

Question

Quizplus · Accepted Answer

The International Banking Act of 1978 aimed to reduce the competitive advantage of foreign banks in the U.S. by implementing stricter regulations and requirements for foreign banks operating in the country. Therefore, the most accurate choice would be A - reduced.

Since the Passage of the International Banking Act of 1978,the