Why Would a U

question 38

Multiple Choice

Why would a U.S. bank open a foreign branch bank?

• A)Because this form of bank organization can allow a U.S. bank to provide a fuller range of services for its MNC customers than it can through a representative office.
• B)To avoid U.S. banking regulation on transactions routed through that foreign country.
• C)Because this form of organization allows the bank to service MNC clients at low cost and without the need of having bank personnel located in the country.
• D)both a and b

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