Statements is true international banking

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Reference no: EM131025741

Which of the following statements is true international banking?

I. The explosive growth in Eurodollar lending has led to an increase in the number of U.S. branch banks abroad

II. Due to trade restrictions, foreign banks have not been successful in the U.S., where they do very little banking

III. Stricter regulations abroad makes international banking more expensive for U.S. banks

Reference no: EM131025741

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