Which of the Following Was Not an Operating Characteristic of Foreign

question 153

Multiple Choice

Which of the following was not an operating characteristic of foreign banks operating in the U.S.prior to the International Banking Act of 1978?

• A)They had no access to the Federal Reserve's discount window.
• B)They were not subject to the Federal Reserve's audits and exams.
• C)They had special rates on FDIC deposit insurance.
• D)They could not use the Fedwire or the fed funds market.
• E)They were not subject to the Glass-Steagall Act.

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Definitions:

Emotional Expressiveness

The degree to which individuals outwardly display their emotional states through facial expressions, body language, and tone of voice.

Introspection

The examination or observation of one's own mental and emotional processes.

Model Minority

A stereotype that characterizes a particular minority group as exemplifying academic achievement, professionalism, and law-abidance, often ignoring individual diversity and challenges within the group.

Political Activism

The effort to promote, impede, or direct social, political, economic, or environmental reform or stasis with the desire to make improvements in society.