QUESTION 4 Which of the following statements is NOT true? A. Relative to other US industries, there are a large number of small banks. B. The US banking industry is less competitive than the banking sectors in other advanced economies. C. The banking sectors in Canada and the UK are dominated by a few large banks.
QUESTION 4 Which of the following statements is NOT true? A. Relative to other US industries, there are a large number of small banks. B. The US banking industry is less competitive than the banking sectors in other advanced economies. C. The banking sectors in Canada and the UK are dominated by a few large banks.
Chapter1: An Overview Of Managerial Finance
Section: Chapter Questions
Problem 11PROB
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QUESTION 4
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Which of the following statements is NOT true?
A. Relative to other US industries, there are a large number of small banks.
B. The US banking industry is less competitive than the banking sectors in other advanced economies.
C. The banking sectors in Canada and the UK are dominated by a few large banks.
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