________ within the U.S. can make loans to foreigners but cannot make loans to domestic residents.
A)Edge Act corporations
B)International Banking Facilities
C)Universal banks
D)Euro banks

Question

Quizplus · Accepted Answer

International Banking Facilities (IBFs) are entities within the U.S. that can offer deposit and loan services to foreign residents and institutions, but they are not permitted to offer these services to U.S. residents. This allows them to operate within the U.S. financial system while focusing on international banking activities.

________ Within the U