PRIN.OF CORPORATE FINANCE
13th Edition
ISBN: 9781260013900
Author: BREALEY
Publisher: RENT MCG
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Question
Chapter 33, Problem 2PS
a)
Summary Introduction
To explain: If the given statement is true or false.
b)
Summary Introduction
To explain: If the given statement is true or false.
c)
Summary Introduction
To explain: If the given statement is true or false.
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Credit entries in the U.S. balance of payments A. result from foreign sales of US. goods and services, goodwill, financial claims, and real assets B. result from U.S. purchases of foreign goods and services, goodwill, financial claims, and real assets give rise to the demand for dollars. give rise to the supply of dollars. C. D. The key strengths of the public corporation is/are their capacity to allow efficient risk sharing among many investors their capacity to raise large amounts of funds at relatively low cost their capacity to consolidate decision-making
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.
The US has a large number of commercial banks due to what circumstances?
a. many investor wanted to be in banking
b. there is good banking competition in the US
c. Capital requierements mandated the need for many banks
d. Laws restricting interstate banking
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