Question: Explain what happens if the nation of Problem 2 (call it Nation A) stops borrowing after the first year, but before it repays its loan,
Explain what happens if the nation of Problem 2 (call it Nation A) stops borrowing after the first year, but before it repays its loan, another nation borrows $10 million of Nation A's currency from the IMF.
In Problem 2
With respect to a nation with a $100 million quota in the IMF, indicate how the nation was to pay in its quota to the IMF and the amount that the nation could borrow in any one year under the original rules. How are the rules different today?
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