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About international bank, please answer from these aspects. 1. The forces of supply and demand can explain the evolution and development of international banking and

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About international bank, please answer from these aspects.

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1. The forces of supply and demand can explain the evolution and development of international banking and international markets. Discuss this statement within a chronological framework. A stronger answer would discuss the following: A. Provide definitions of what an international bank is. Distinguish between international banking and multinational or global banking. B. Trace the evolution of international banking on a chronological basis from Babylon to the growth of Euro-markets in the 1960s and 1970s. C. Identify common features of international banking, which help to explain its popularity, such as, lack of regulations and other costs. D. Discuss the development of offshore financial centers and review the most recent trends and developments

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