I am looking help for this question, Which of the following statements about international banking is...
I am looking help for this question,
Which of the following statements about international banking is true?
| A. |
International banks are extremely risk-aversive. |
|
| B. |
East Asian countries have proven one of the most profitable areas for U.S. banks. |
|
| C. |
It is illegal for U.S. banks to provide loans to foreign governments. |
|
| D. |
Foreign banks are subject to fewer regulations than U.S. banks. |
|
| E. |
All of the above statements about international banking are true. |
Homework Answers
Answer: Option A
Explanation: The international banks are very risk-averse. This results in macroeconomic consequences like lowered innovation of country and low growth potential.
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