As financial institutions in other countries are generally less regulated than in the United States, _____.
A) foreign banks invest in less socially responsible companies only
B) foreign banks provide businesses with a greater variety of services than U.S. banks
C) foreign banks invest to maximize investment corporations' earnings
D) foreign banks provide investment opportunities in illegal business plans also
E) foreign banks are required to fulfill the regulations of the Sarbanes-Oxley Act

Question

Quizplus · Accepted Answer

The statement implies that foreign banks have less regulation than in the United States, which would suggest that these banks have more freedom to provide a greater variety of services to businesses, as opposed to being limited by regulatory restrictions. The other answer choices make assumptions without any clear support from the statement.

As Financial Institutions in Other Countries Are Generally Less Regulated