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Question
What is seen as a reason for the increased expansion of foreign bank activities in the United States following the passage of the International Banking Act?
A. Access to the Federal Reserve's discount window, Fedwire, and FDIC insurance.
B. Absence of the Federal Reserve's reserve requirements, audits, and exams.
C. No interstate branching restrictions.
D. No restrictions on corporate securities underwriting activities.
E. Answers C and D only.
Answer
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Related questions
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C. Liquidity trading.
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A. has publicly-traded common stock.
B. provides equity funds to companies that already have publicly traded common stock.
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D. provides debt funding to only to established corporations.
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