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Analyze the need for and effects of dollar liquidity-swap lines. Also answer the following questions. What are dollar-liquidity swap lines? Why is there a need

Analyze the need for and effects of dollar liquidity-swap lines. Also answer the following questions.

What are dollar-liquidity swap lines?

Why is there a need for the dollar liquidity-swap lines?

Why has Federal Reserve extended the liquidity swap-lines to certain countries only?

Can small island economies qualify for this swap? Explain.

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