Decide whether, in the event of an economic slowdown in the U.S., Bank of America's overseas revenue generation might serve to shelter the parent from slow or negative growth in the U.S. market. Explain and support your opinion.© BrainMass Inc. brainmass.com June 3, 2020, 10:11 pm ad1c9bdddf
In the event of an economic slowdown in the US, Bank of America's overseas revenue generation WILL serve to shelter some of the parent's losses. This is primarily because of diversification. The ...
The solution answers the question below and goes into some detail as well about negative growth.