Which of the Following Statements Is True

question 16

Multiple Choice

Which of the following statements is true?

• A) In general, U.S. banks are permitted to engage in a wider range of business activities in the U.S. than in foreign countries.
• B) In general, U.S. banks are permitted to engage in a wider range of business activities in foreign countries than in the U.S.
• C) In general, U.S. banks are permitted to engage in a wider range of business activities in the U.S. than foreign banks.
• D) In general, foreign banks are permitted to engage in a wider range of business activities in the U.S. than in their home countries.
• E) Both a and d are true statements.