The Basel Capital Accord does NOT include
A) requiring bank owners to invest into and have some capital ownership in the banks they own.
B) supervision of banks by an oversight board.
C) information disclosure designed to encourage market discipline.
D) denying access to foreign capital by a country that defaults on its international loans.
D
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The largest source of the federal tax revenue is ________
A) individual income taxes B) corporate income taxes C) excise taxes D) payroll taxes
Refer to Figure 3-5. At a price of $10, the quantity sold
A) is 2 units. B) is 4 units. C) is 6 units. D) is 8 units.
The opportunity cost of production differs from an accounting definition of a firm's costs because it includes
a. expenditures the firm undertakes for research and development. b. the opportunity cost of assets and financial resources owned by the firm. c. the direct monetary cost of purchasing resources. d. the firm's revenue as a cost.
The majority of U.S. imports and exports involve: