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What risk do emerging markets face that established markets do not in regards to financial instability? A.Exchange rate collapse due to high variability. B.Foreign intervention
What risk do emerging markets face that established markets do not in regards to financial instability?
A.Exchange rate collapse due to high variability.
B.Foreign intervention such as that from the United States or World Bank.
C.Exchange rate variability since their debt is often issued in foreign currency.
D.Debt contracts in established markets are pegged to the exchange rate.
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