Non Performing International Loans Assignment
Non-performing international loans do not completely reflect potential losses
because:
1. | foreign governments have never defaulted on their debts. | |
2. | banks often loan borrowers funds to make payments on existing loans. | |
3. | U.S. banks can easily recover the funds in foreign courts. | |
4. | the U.S. government has strongly discouraged U.S. banks from making international loans. | |
5. | all of the above |
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