This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain why a London Eurobank has a competitive advantage over a bank in New York in attracting ... (Read 47 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
Explain why a London Eurobank has a competitive advantage over a bank in New York in attracting dollar deposits.
 
  What will be an ideal response?

Question 2

Today U.S. protectionism is concentrated in
 
  A) high-tech industries.
  B) labor-intensive industries.
  C) industries in which Japan has a comparative advantage.
  D) computer intensive industries.
  E) capital-intensive industries.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

laurnthompson

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

It can pay more because the London bank is not subject to any reserve requirements (neither American nor British), whereas the New York bank is subject to U.S. reserve requirements.

Answer to Question 2

B


mckennatimberlake

  • Member
  • Posts: 559
Reply 2 on: Jun 30, 2018
:D TYSM

kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Male common pochard, London, UK Male common pochard, London, UK
New York and New Jersey Campaigns, 1776–1777 New York and New Jersey Campaigns, 1776–1777
This lithograph of the New York draft riots, 1863, shows that although the rioters mainly targeted b This lithograph of the New York draft riots, 1863, shows that although the rioters mainly targeted b
A pharmacist can explain to a patient why medication may look different and ensure the correct ... A pharmacist can explain to a patient why medication may look different and ensure the correct ...
Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ... Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ...
Video: Conduction of action potentials

For a complete list of videos, visit our video library