The banking industry in Canada is less competitive than the banking industry in the United States because
Question:
"The banking industry in Canada is less competitive than the banking industry in the United States because in Canada only a few large banks dominate the industry, while in the United States there are around 6,000 banks." Is this statement true, false, or uncertain? Explain your answer.
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The statement is true The banking industry in Canada is indeed less competitive than the banking ind...View the full answer
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Related Book For 
Financial Markets And Institutions
ISBN: 9781292215006
9th Global Edition
Authors: Stanley Eakins Frederic Mishkin
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