Multiple Choice
One consequence of the close relationship between banks and industry in Germany is that
A) German industry is inefficient because it has been able to obtain credit so easily.
B) German banks are much more likely to fail than are U.S. banks.
C) German securities markets are less well developed than U.S. securities markets.
D) there are many more banks in Germany than in the United States.
Correct Answer:

Verified
Correct Answer:
Verified
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