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Brazil's 1999 crisis was relatively short lived because

Chako

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8 years ago

Brazil's 1999 crisis was relatively short lived because

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

Edition: 10^th

Author: Krugman

Read 274 times

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machukian

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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

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machukian

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8 years ago

Good luck

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