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Question
Which of the following partially explains why cash management services have not attracted customers in Europe to the degree that they have in the US?
A. Prevalence of nationwide branching and banking in Europe.
B. Prevalence of interregional banking restrictions in Europe.
C. Prohibitive charges imposed for the use of domestic telephone lines in Europe.
D. Prohibitive charges imposed on such services in Europe.
E. None of the above.
Answer
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