QUESTION 12 Which of the following in a correct statement? Ar business becomes more global, U S. companies will have a competitive advantage over their foreign counterpacts because the regulatory environment in the United States is much less restrictive than in most other countries of the world The purpose of much of the banking reform that took place in the 1930s was to expand the financial activities banks could sedertake so that they could be more competitive internationally, It won't until the past couple of decades that the malytical tools we use today to evaluate investiments were developed. Prior to the development of such tool, the concept that camnings and dividends are related to stock price was unknown It wain't until the past couple of decades that the analytical tools we use today to evaluate investments were developed. Prior to the development of such tools, the concept that camnings and dividends are related to stock prices was unknown