1. The purpose of the international banking Act of 1978 was to:a. return the com

1. The purpose of the international banking Act of 1978 was to:a. return the competitive edge to U.S. banks.b. return competitive equality between domestic and foreign banksc. maintain fixed exchange rates2. All of the following are techniques for reducing credit risk in international lending except:a. foreign government guarantee of loans to private corporationsb. pooling risk through syndication with other banksc. making floating-rate loans as opposed to fixed -rate loansd. diversification3. U.S. banks reduce their risk in foreign operations by:a. seeking guarantee from borrowersb. FDIC insurancec. portfolio diversificationd. insurance thought the international monetary fund4. Innovation around regulation followed by new regulation to offset the innovation is:a. moral hazardb. the innovation cyclec. the regulatory dialecticd. securitization