Hi.

88.

The market for banking in China exhibits all of the following except:

A.

high savings rate.

B.

a well-qualified management.

C.

a large percentage of troubled loans.

D.

a general lack of access from outside the country.

E.

a growing economy.

89.

The biggest problem for international banks at the beginning of the 21^st century is:

A.

the Internet.

B.

interest rate risk.

C.

foreign exchange risk.

D.

non-performing loans.

E.

None of the options is correct.

90.

The First National Bank of Summerville has opened an office in Turkey. This is a limited service office that can market services of the home office in Turkey and can identify Turkish customers but cannot take deposits or book loans. What type of office has the First National Bank of Summerville opened in Turkey?

A.

A representative office

B.

A shell branch

C.

A branch office

D.

A subsidiary

E.

An export trading company

91.

The Third State Bank of Laramie has opened an office in Morocco. This office does not take deposits but makes commitments to make loans, issues letters of credit, and provides technical assistance to companies in Morocco. What type of office has the Third State Bank of Laramie opened in Morocco?

A.

A representative office

B.

An agency office

C.

A branch office

D.

A subsidiary

E.

An export trading company

92.

The Second National Bank of Guthrie has opened an office in Chile. This office offers a full line of services and is not a separate legal entity from the Second National Bank of Guthrie. What type of office has the Second National Bank of Guthrie opened in Chile?

A.

A representative office

B.

An agency office

C.

A branch office

D.

A subsidiary

E.

An export trading company

-fm