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E. Persons who wish to trade on the Jamaica Stock Exchange must have an account with the Jamaica Central Securities Depository JCSD. (i) Explain how

E. Persons who wish to trade on the Jamaica Stock Exchange must have an account with the Jamaica Central Securities Depository JCSD. (i) Explain how the JCSD works. (ii) Explain the purpose of the JCSD

(iii) Briefly explain how a stock market crash may affect the economy.

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