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Subject: International banking i) Government borrowing may be undertaken by a national entity charged with managing the countrys external finance. Identify and summarize the use
Subject: International banking
i) Government borrowing may be undertaken by a national entity charged with managing the countrys external finance. Identify and summarize the use of three types of Government borrowing. (9 marks) ii) Explain the meaning of Loan Syndication and relate why the borrower has the advantage under such arrangements. (6 marks) iii) What and/or who do banks rely on in seeking syndication businesses? Justify your answers. (10 marks)
It's very urgent. Please give a detailed answer. Thanks a lot!
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