Author Question: As compared to Korean banks, the total assets of other minority banks, such as African American, ... (Read 107 times)

james0929 · **on:** Jul 1, 2018

As compared to Korean banks, the total assets of other minority banks, such as African American, Latino, Native American, and Asian Pacific Islanders combined

a. greatly exceeds the assets of the Korean banks by tenfold.
b. have much less assets than the Korean banks, despite the fact that there are many more of these other minority banks.
c. about equals the amount of assets of the Korean banks, when combined together.
d. There is no way of accounting for the combined assets of any of these banks.

Question 2

One possible advantage of Korean banks, especially for people in poverty or of various ethnic minority groups, is that

a. Korean banks make sure that they have people on staff from all over the world so that there are not as many language problems.
b. some groups, such as Latinos and African Americans, feel unwelcomed by American banks because these people may lack required identification and credit histories, but they feel welcomed by Korean banks.
c. Korean banks are more liberal in their interpretation of American banking laws.
d. People from impoverished ethnic groups feel more comfortable banking with Koreans, who share some of their problems fitting into American culture.