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79ed 79ed
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Posts: 3131
8 years ago
The Verandas U.S. subsidiary was turned down when it tried to borrow from a U.S. bank. The bank manager suggested that the parent firm deposit money with the U.S. bank's Dutch branch, and then the U.S. bank's home office would lend the money to the U.S. subsidiary. This type of arrangement is known as a(n) ________.
A) title loan
B) syndicated loan
C) mortgage loan
D) back-to-back loan
Textbook 
International Business: The Challenges of Globalization

International Business: The Challenges of Globalization


Edition: 7th
Author:
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kelbakelba
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8 years ago
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79ed Author
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8 years ago
I can\'t emphasize enough how grateful I am lol My exam is literally in two days
wrote...
8 years ago
Happy to help Smiling Face with Open Mouth
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