What Is Seen as a Reason for the Increased Expansion

Multiple Choice

What is seen as a reason for the increased expansion of foreign bank activities in the United States following the passage of the International Banking Act?

A) Access to the Federal Reserve's discount window, Fedwire, and FDIC insurance.
B) Absence of the Federal Reserve's reserve requirements, audits, and exams.
C) No interstate branching restrictions.
D) No restrictions on corporate securities underwriting activities.
E) Answers C and D only.