Which of the following factors distinguish the banking system in the United States from banking structures in other countries?
A) Financial institutions in the United States are less regulated than their foreign counterparts.
B) Financial institutions in the United States have fewer limitations with regard to branching activity than their foreign counterparts.
C) Financial institutions in the United States have greater limitations with regard to non-banking business relationships than their foreign counterparts.
D) Financial institutions in the United States have been able to grow much larger in size than their foreign counterparts.
E) Financial institutions in the United States dominate international banking activities.
Correct Answer:
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