The banking industry in Canada is less competitive than the banking industry in the United States because

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“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 over 5,000 banks.” Is this statement true, false, or uncertain? Explain your answer.

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Financial Markets And Institutions

ISBN: 9780138043681

10th Edition

Authors: Frederic S Mishkin, Stanley Eakins

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