International banking dealing with non-residents only and not in the currency of the country where they are located is called
A. Non-resident Banking
B. Offshore Banking
C. Euro Currency Banking
D. London Discount House
Answer: Option B
A. Non-resident Banking
B. Offshore Banking
C. Euro Currency Banking
D. London Discount House
Answer: Option B
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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