Negative Growth
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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.
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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 ...
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