Explain what happens if the nation of Problem 2 (call it Nation A) stops borrowing after the
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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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If nation A could complete its repayment another nation B borrowed nation As currenc...View the full answer
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