MKT 723 Study Guide - Final Guide: Market Risk, Savings Account, Cash Flow
22 Feb 2015
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Act (fatca) requires banks worldwide to sift through client accounts to find anyone with. This results in much lower marginal taxes. (buynak, 1987) Eu estimates that half of the overall gross. Domestic product gains it expects to receive from the deal will come from liberalizing the trade in the banking industry. Canada says the deal will open new markets for its domestic banking sector, while ensuring it can maintain government rules for the sector. (the globe and mail, 2013) negatively affects the cash flow in the banking sector (davis, 2014). This results in not being able to raise funds for their expansion or operation which would decrease the industrial output and affect the gdp of the nation (davis, Also, recession causes businesses to go into bankruptcy which may also discourage banks to provide loans for start-up businesses which in result decreases customers to attend the banks for services (davis, 2014). Foreign exchange rate fluctuations affect banks directly & indirectly:
