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Which of the Following Statements Is True

Question 57

Multiple Choice

Which of the following statements is true?

A) In general, U.S. banks are permitted to engage in a wider range of business activities in the U.S. than in foreign countries.
B) In general, U.S. banks are permitted to engage in a wider range of business activities in foreign countries than in the U.S.
C) In general, U.S. banks are permitted to engage in a wider range of business activities in the U.S. than foreign banks.
D) In general, foreign banks are permitted to engage in a wider range of business activities in the U.S. than in their home countries.
E) Both a and d are true statements.

Correct Answer: