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The 1988 Basel Accord Is

Question 46

Multiple Choice

The 1988 Basel Accord is:


A) The basic set of guidelines the Federal Reserve applies in regulating domestic banks
B) A set of guidelines for basic capital requirements for internationally active banks
C) An agreement between state and federal regulators to try to have one standard set of guidelines for all banks
D) A set of guidelines applied only to international banks operating with U.S.boundaries

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