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1. The global financial crisis was the result of a regulatory failure by government rather than by market failure. Do you agree or disagree? Discuss

1. "The global financial crisis was the result of a regulatory failure by government rather than by market failure." Do you agree or disagree? Discuss critically. 2. "Free trade may be mutually gainful to the countries that take part, but it is not necessarily fair to all the countries that take part." Do you agree or disagree? Discuss critically. Please explain in much details as possible

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