International Financial Management
14th Edition
ISBN: 9780357130698
Author: Madura
Publisher: Cengage
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Students have asked these similar questions
Identify the reasonsfor U.S. banks to operate in foreign countries and for foreignbanks to operate inthe United States.
Which of the following is a negotiable written promise (by a bank) for a U.S. dollar deposit at a bank located outside the United States or in U.S. International Banking Facilities.?
a.Certificate of Deposits
b.Bankers acceptances
c.Eurodollar CD
d.Repurchase agreement
Requiring a foreign banks to operate under the same rules as domestic banks is termed?
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Does India have the Shadow-banking system? Explain in your own words, no plagiarism.
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1. Why don’t the additions and deductions from the bank balance on a bank reconciliation require adjustment by the company?
2. Do all transactions by U.S. companies with foreign parties require special accounting procedures by the U.S. companies? Explain.
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Which of the following is an accurate description of a dual banking system? Government protection from losses may occur if a bank becomes insolvent or fails. There exists a system in which bank charters are granted by both the government and private licensing organizations. The government grants charters to banks. Government permission is needed to establish and operate a depository institution. Which of the following most accurately explains why the bank chartering system of the United States is known as the reason for a dual banking system? Society cannot allow just anyone to open a bank because banks have a lot of proprietary information. The government grants charters to banks. There exists a system in which bank charters are granted by both the government and private licensing organizations. Banks do not disclose to whom they have made loans and for how much.
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Why do community banks not want Wal-Mart to be in the banking business? What are the possible benefits to Wal-Mart of such move? What drawback to community bankers anticipates if Wal-Mart can operate full-scale bank in the United States?
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Which of the following is true about financial institutions in the United States compared to those in other countries?
(a). Most U.S. intermediaries are allowed to engage in nonbanking (nonfinancial) business activities, whereas the nonbanking activities of foreign financial institutions have been severely restricted until recently
(b) .US, financial institutions have been much more heavily regulated than their foreign counterparts with regard to expansion (branching) and the services that could be offered
(c).U.S. financial institutions and their foreign counterparts have similar regulations with regard to engaging in nonbanking activities
(d). U.S. financial institutions and their foreign counterparts have similar regulations with regard to expansion (branching) and the services that could be offered.
(e).US, financial Institutions have been regulated less than their foreign counterparts with regard to expansion (branching) and the services that could be offered.
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