A Disadvantage to International Bank Expansion Is the Potential Increase

question 7

True/False

A disadvantage to international bank expansion is the potential increase in the monitoring and information collection costs in some overseas markets.

---

Definitions:

Computer System

An integrated set of hardware and software designed to process data and produce outputs.

Ponzi Scheme

A fraudulent investing scam promising high rates of return with little risk by paying earlier investors with the funds from more recent investors.

Bait And Switch

A deceptive marketing practice where customers are lured with the promise of a product or service at a certain price, only to find it unavailable and replaced with a more expensive option.

Account Kiting

The illegal practice of exploiting banking systems to create artificial funds by writing checks between several accounts.