AFP
CTP · Question #871
(Topic 9) In comparing the U.S. banking system and foreign banking systems, which of the following statements is true?
The correct answer is D. Many foreign banking systems allow notional pooling and U.S. banks do not. See the full explanation below for the reasoning.
Question
- (Topic 9)
In comparing the U.S. banking system and foreign banking systems, which of the following statements is true?
Options
- AMost foreign banking systems do not have central banks.
- BForeign banking systems typically have more financial institutions than the U.S.
- CForeign banking systems are not permitted to own equity investments in corporations
- DMany foreign banking systems allow notional pooling and U.S. banks do not.
How the community answered
(48 responses)- A4% (2)
- B2% (1)
- C10% (5)
- D83% (40)
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