Which of the Following Statements Applies to International Banking Facilities

question 107

Multiple Choice

Which of the following statements applies to international banking facilities (IBFs) ?

• A)IBFs are subject to U.S.interest rate regulations.
• B)IBFs are located all over the world.
• C)IBFs do not require FDIC deposit insurance.
• D)IBFs offer a higher interest rate spread than normal U.S.banks.
• E)IBFs allow European residents to participate in the American stock exchanges.

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