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Chako Chako
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Posts: 2948
8 years ago
Brazil's 1999 crisis was relatively short lived because
A) Brazil's financial institutions had avoided borrowing all together.
B) Brazil's financial institutions had avoided heavy borrowing in local currency.
C) Brazil's financial institutions had extended high-interest loans.
D) Brazil's financial institutions had extended low-interest loans.
E) Brazil's financial institutions had avoided heavy borrowing in dollars.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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8 years ago
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Chako Author
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8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
wrote...
8 years ago
Good luck
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