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4. Financial globalization and Developing Economies i) Explain the characteristics of low-income countries and how these characteristics affect their international economic/financial activity? (11.1 marks) ii)

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4. Financial globalization and Developing Economies i) Explain the characteristics of low-income countries and how these characteristics affect their international economic/financial activity? (11.1 marks) ii) Explain the problem of original sin. Provide one example of such a crisis. (11.1 marks) iii) How can corruption affect the financial system of a coutnry? (1 1.1 marks)

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