Chapter 12 - Chapter 12 International Banking Issues and...

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Chapter 12 International Banking Issues and Country Risk Analysis 1. The foreign bank representative office . A. accepts deposits * B. obtains local market information C. makes loans D. issues letters of credit E. trades Eurodollars 2. The foreign correspondent bank is a form of . A. branch banking B. subsidiary bank * C. informal banking relationship D. consortium banking E. none of the above 3. Which of the following is not a major characteristic of the foreign banking subsidiary? A. its own charter B. its own board of directors C. its own stockholders * D. all banking officers from the parent bank E. none of the above 4. The Clearing House Interbank Payments System (CHIPS) . A. accepts international deposits B. makes international loans C. clears foreign exchange transactions * D. moves dollars between New York offices of financial institutions E. moves foreign currencies between New York and Hong Kong 5. The Clearing House Payments Assistance System (CHPAS) . A. accepts international deposits B. makes international loans C. clears foreign exchange transactions * D. moves funds between London offices of most financial institutions which handle foreign exchange trades E. all of the above
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6. An international syndicated loan is made by a group of . *
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Chapter 12 - Chapter 12 International Banking Issues and...

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