Consider these four types of risks: credit, foreign exchange, market, and sov- ereign. These risks can be

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Consider these four types of risks: credit, foreign exchange, market, and sov- ereign. These risks can be separated into two pairs of risk types in which each pair consists of two related risk types, with one being a subset of the other. How would you pair off the risk types, and which risk type could be consid- ered a subset of the other type in the pair?

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