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    Financial Institutions Management
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    Exam 22: Product and Geographic Expansion
  5. Question
    The Effect of the International Banking Act of 1978 Was
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The Effect of the International Banking Act of 1978 Was

Question 116

Question 116

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The effect of the International Banking Act of 1978 was to accelerate the expansion of foreign bank activities in the U.S.primarily because of their access to the Federal Reserve's discount window, Fedwire, and FDIC insurance.

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