Types of international banking offices
List different types of the international banking offices.
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Services and operations that international bank undertakes is the function of regulatory environment in which bank operates and the type of banking facility developed.
a) Correspondent bank relationship b) Representative office c) Foreign branch d) Subsidiary bank e) Edge Act banks f) Offshore banking center
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United States has experienced constant current account deficits since early 1980s. List some of the major causes of the deficits? What could be the consequences of these constant U.S. current account deficits?
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