Question

The State Bank of Nebraska owns a company that has more than half of its income from activities associated with exporting goods and services from the U.S. This company offers export insurance coverage, transportation and warehousing in Europe, trade financing, and other services. What type of company does the State Bank of Nebraska own?

A. A representative office

B. An agency office

C. A branch office

D. A subsidiary

E. An export trading company

Answer

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