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Brazil saw a collapse in its currency board exchange rate system in 1998, leading to an economic and financial crisis The factors causing this included

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Brazil saw a collapse in its currency board exchange rate system in 1998, leading to an economic and financial crisis The factors causing this included all but one of the following: Lack of fiscal discipline Rising trade deficits due to an undervalued currency Rising trade deficits due to an overvalued currency Spillover and contagion effect from the Asian crisis QUESTION 5 Corporate governance exists in the following forms except one: Market-based Culture-based Government-based Family-based Bank-based

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