Explain how syndicated bank loans work and why they are particularly popular in international lending.
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Q17: Foreign branches of U.S. banks are subject
Q18: Pooling risk entails lending by several banks
Q19: Representative offices can accept deposits and make
Q20: Pooling and third-party guarantees are two methods
Q21: Most Eurocurrency loans longer with a term
Q23: Today, daily LIBOR quotes are established and
Q24: Edge Act and Agreement Corporations are similar
Q25: Most Eurocurrency loans have an interest rate
Q26: International banking activity is roughly evenly distributed
Q27: Country risk is another term for foreign
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