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Q14: a). What is 'carry trade' in foreign currencies? What are the risks that Asian firms face when they borrow in foreign currencies at low-interest

Q14:

a). What is 'carry trade' in foreign currencies? What are the risks that Asian firms face when they borrow in foreign currencies at low-interest rates?

b) what factors make countries more vulnerable to capital flow shocks?

please give the full answer!

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