Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Why is offshore banking a popular industry in countries like Aruba and the Bahamas? Select one: a. These countries are sovereign states that are more

Why is offshore banking a popular industry in countries like Aruba and the Bahamas? Select one: a. These countries are sovereign states that are more economically stable. b. These countries allow customers to put unlimited funds into bank accounts for a small interest fee. c. Those countries are far enough away from pirates, that they won't be robbed. d. Very wealthy people only bank in tropical places because they enjoy going on vacation to the Caribbean

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Human Resource Management Contemporary Issues

Authors: Mark N. K. Saunders; Mike Millmore; Philip Lewis; Adrian Thornhill; Trevor Morrow

1st Edition

027368163X, 9780273681632

Students also viewed these Economics questions