U.S. Banks Created "Shell" Branches by

question 45

Multiple Choice

U.S. banks created "shell" branches by

• A) Having a bank branch located in offshore banking center.
• B) Created a branch to deal only with non-residents.
• C) Setting up an international banking facility in a domestic branch.
• D) Merging with foreign banks to create offshore banks.

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Definitions:

Operant Conditioning

An educational method where behavior is shaped by either rewarding or penalizing the subject.

Locus Of Control

A personality trait that divides people along a continuum according to the extent to which they believe what happens to them and others is controllable.

External Orientation

A focus on the external world and environment, as opposed to internal thoughts and feelings.

Classical Conditioning

is a learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus.