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9. What would a Brazilian devaluation do to the currencies and economies of Argentina and Chile, its neighbors and largest trading partners? 10. What is

9. What would a Brazilian devaluation do to the currencies and economies of Argentina and Chile, its neighbors and largest trading partners? 10. What is the link between Brazils budget deficits and its historical hyperinflation? 11. What mix of fiscal and monetary policy would you recommend to President Cardoso? Should he devalue or defend the real?

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