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Question # 03 (04 + 03 + 03 Marks) Today's world economy looks dramatically different from that of 20 years ago, primarily due to the
Question # 03 (04 + 03 + 03 Marks)
Today's world economy looks dramatically different from that of 20 years ago, primarily due to the evolution of international capital markets.
i)-Discuss and compare the role of International Monetary Fund with that of World Bank.
ii)- Differentiate sterilized foreign exchange intervention from unsterilized intervention.
iii)- What steps should an international lender of last resort take to limit moral hazard?
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