Who has regulatory responsibility when a bank operates branches in many countries?
A) It is not always clear.
B) the WTO
C) the U.S. Federal Reserve System
D) the first country to submit an application
A
You might also like to view...
Suppose a central bank tries to keep exchange rates fixed. When there is an increase in the demand for foreign goods, the central bank will most likely
A) buy foreign currency in exchange for the domestic currency. B) do nothing. C) sell the domestic currency in exchange for foreign reserves. D) use foreign reserves to buy the domestic currency.
Which of the following might explain the beauty premium found by labor economists Hamermesh and Biddle?
a. Good looks are an innate ability for some jobs, which results in higher productivity and higher wages. b. Good looks may be an indirect measure of other types of ability such as attention to detail. c. If better-looking people earn more than average-looking people, employers may be discriminating based on personal appearance. d. All of the above could explain the beauty premium.