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Which of the following statements about international banking is true? A. Some governments protect their banks against foreign competitors. B. All of the above statements

Which of the following statements about international banking is true?

A. Some governments protect their banks against foreign competitors.

B. All of the above statements about international banking are true.

C. International banking is a high-risk business.

D. Competing against foreign banks can be difficult for U.S. banks because the U.S. banks are subject to many more regulations.

E. U.S. banks play an important role in global business by providing loans to foreign governments and businesses.

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