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 66 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
Gracias!

raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Paul Strand, Geometric Backyards, New York. Paul Strand, Geometric Backyards, New York.
Eero Saarinen, TWA Terminal, John F. Kennedy International Airport, interior, New York. Eero Saarinen, TWA Terminal, John F. Kennedy International Airport, interior, New York.
Louis Comfort Tiffany, Tiffany Glass & Decorating Co. (1893–1902), Corona, New York, Peacock ... Louis Comfort Tiffany, Tiffany Glass & Decorating Co. (1893–1902), Corona, New York, Peacock ...
Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ... Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ...
A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ... A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ...
Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ... Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ...
Video: Renin/Angiotensin (water gain from urine & Na ion and water reabsorption)

For a complete list of videos, visit our video library