The 1978 International Bank Act

The 1978 International Bank Act

A) prohibited foreign banks from establishing any new U.S.banking operations.
B) allowed U.S.banks to engage in a wider range of nonbanking activities overseas.
C) allowed U.S.banks to take equity positions in overseas business ventures.
D) reduced the competitive advantage of foreign banks over U.S.banks.
E) All of the above.