Multiple Choice
A bank that is stationed overseas and serves as a sales office for another bank can best be described as what?
A) Wholly owned
B) Affiliate office
C) Branch
D) Representative office
E) Correspondent
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q34: A collateralized debt obligation (CDO)is a portfolio
Q35: Salina is holding a large quantity of
Q36: The market for _ is the largest
Q37: Between 1880 and 1915,the global monetary system
Q38: Coordinated intervention is a currency value management
Q40: What is the primary purpose of exchange
Q41: As a result of the 2007-2009 financial
Q42: The _ eliminated the barriers between commercial
Q43: _ rates are exchange quotations that do
Q44: _ is the process of turning an