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Question
A loan in which a parent company deposits money with a host-country bank, which then lends the money to a subsidiary located in the host country is called a ________.A) syndicated loan
B) back-to-back loan
C) mortgage loan
D) title loan
Answer
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Related questions
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Which of the following statements is true of developing countries that have embraced globalization?
A) The countries have experienced an increase in life expectancy.
B) As a result of extensive commercialism, there has been a decline in personal income.
C) Relying upon developed countries for technology has rendered their talent pool stagnant.
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A) Strict product liability laws
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