17 Impact of a crisis. Palos SA (Spain) commonly invests some of its excess euros in foreign...

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17 Impact of a crisis. Palos SA (Spain) commonly invests some of its excess euros in foreign government short-term securities in order to earn a higher short-term interest rate on its cash. Describe how the potential return and risk of this strategy may be affected by financial crisis.

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Exploring Economics

ISBN: 9780324395464

4th Edition

Authors: Robert L. Sexton

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