A Bank May Establish a Multinational Operation for the Reason

question 74

Multiple Choice

A bank may establish a multinational operation for the reason of low marginal costs.The underlying rationale being that

• A)banks follow their multinational customers abroad to prevent the erosion of their clientele to foreign banks seeking to service the multinational's foreign subsidiaries.
• B)multinational banking operations help a bank prevent the erosion of its traveler's check,tourist,and foreign business markets from foreign bank competition.
• C)managerial and marketing knowledge developed at home can be used abroad with low marginal costs.
• D)the foreign bank subsidiary can draw on the parent bank's knowledge of personal contacts and credit investigations for use in that foreign market.

Apply principles of classical conditioning to scenarios regarding human behaviors and reactions.

Grasp the historical significance of Pavlov’s experiments and their impact on the understanding of learning.

Distinguish between classical conditioning and other learning models, such as operant conditioning.

Interpret the implications of classical conditioning in advertising and phobias.

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Definitions:

Long Run Cost Curve

A graphical representation that shows the minimum cost at which any given level of output can be produced in the long term, once all inputs are variable.

Expansion Path

A line that shows the combination of inputs that a firm will use to maximize output for any given level of total cost.

Isoquants

A curve representing all the combinations of factors of production that yield the same level of output.

Isocost Line

A graphical representation in economic theory showing all combinations of inputs which have the same total cost.