Charles Schwab Pitted Their Online Business Vs

question 12

Multiple Choice

Charles Schwab pitted their online business vs. their established brick and mortar business. Which of the following is not a result of this competition?

• A) faster growing accounts and assets
• B) lower prices
• C) more sales of treasury bonds and less sales of private securities
• D) incorporation of successful e-marketing strategies

---

Definitions:

Net Creditor Nation

A country that has more investments abroad than other countries have within its borders, resulting in a positive balance of international investments.

Current Account

A component of a country's balance of payments that includes the trade balance, net primary income, and net secondary income.

European Nations

Countries located in Europe, characterized by diverse cultures, languages, and economies but often interconnected through political and economic unions.

Gold Standard

A currency regime where the national fiat currency's worth is directly pegged to gold.