The establishment of a global or international presence by an FI can be achieved in all but which of the following ways?
A)Selling financial services from a domestic office to a domestic customer who has commercial activities in a foreign country.
B)Selling financial services to a foreign customer through subsidiary companies in a foreign country.
C)Selling financial services through a branch,agency,or representative office.
D)Selling financial services from domestic offices to foreign customers.

Question

Quizplus · Accepted Answer

The establishment of a global or international presence by an FI can be achieved through subsidiaries, branches, agencies, or representative offices. However, selling financial services from a domestic office to a domestic customer who has commercial activities in a foreign country does not establish a global or international presence for the FI.

The Establishment of a Global or International Presence by an FI