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Which of the Following Is an Advantage That Banks Have

Question 60

Multiple Choice

Which of the following is an advantage that banks have when they deal with foreign currencies?


A) Interest payments to customers are low when dealing with foreign currencies.
B) Accounts need not be maintained when dealing with foreign currencies.
C) Risks that investors face are low when dealing with foreign currencies.
D) Governments give banks more freedom when dealing with foreign currencies.

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