Which of the following are reasons why a bank may establish a multinational operation?
A) Low marginal and transaction costs
B) Home nation information services,and prestige
C) Growth and risk reduction
D) all of the options
Correct Answer:
Verified
Q21: A foreign branch bank
A)is a small service
Q32: The most popular way for a U.S.bank
Q33: Correspondent bank services include
A)prepaid postage and packing
Q34: The current exchange rate is £1.00 =
Q36: A bank may establish a multinational operation
Q38: Consider a U.S.importer desiring to purchase merchandise
Q39: Correspondent bank relationships can be beneficial
A)because a
Q40: A foreign branch bank operates like a
Q41: In reference to capital requirements,
A)bank capital adequacy
Q42: Foreign banks that establish subsidiary and affiliate
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