Which of the Following Statements Is False

question 136

Multiple Choice

Which of the following statements is false?

• A)The prices quoted to the individual buyer of foreign exchange are always in favor of the seller.
• B)Subsidiary banking corporations established by foreign banks in this country are not subject to any special restrictions because of foreign ownership.An indirect quote is in terms of units of foreign currency per unit of the home country's currency. Not in chapter
• C)Economic risk reflects the uncertainty associated with national government action that might affect asset values.
• D)All the above statements are false.