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Question
Which of the follow are not reasons for offshore banking?
I. Avoid interest rate controls
II. Avoid free entry of new banks
III. Avoid quotas on banking activity
IV. Access more competitive banking
a. II only
b. IV only
c. III and IV
d. All are reasons for offshore banking
Answer
This answer is hidden. It contains 1 characters.
Related questions
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d. Not enough information to find answer.
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d. None of the above
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The exchange rate that is actually observed in the foreign exchange market is called the real exchange rate.
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If a currency has appreciated more than the price differential between two countries as implied by PPP, then a currency is overvalued.
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Considering the internal balance in an economy, which of the following could lead to lower interest rate and higher income?
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Q:
In foreign exchange forecasting, what is a good forecast?
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c. When the forecast is high.
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Q:
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Q:
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Q:
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