QUESTION 4 Which of the following statements is NOT true? A. Relative to other US industries, there are a large number of small banks. B. The US banking industry is less competitive than the banking sectors in other advanced economies. C. The banking sectors in Canada and the UK are dominated by a few large banks.

QUESTION 4 Which of the following statements is NOT true? A. Relative to other US industries, there are a large number of small banks. B. The US banking industry is less competitive than the banking sectors in other advanced economies. C. The banking sectors in Canada and the UK are dominated by a few large banks.

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter1: An Overview Of Managerial Finance

Section: Chapter Questions

Problem 11PROB

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QUESTION 4

Which of the following statements is NOT true?

	A.	Relative to other US industries, there are a large number of small banks.
	B.	The US banking industry is less competitive than the banking sectors in other advanced economies.
	C.	The banking sectors in Canada and the UK are dominated by a few large banks.

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